DEALERTRACK TECHNOLOGIES SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Dealertrack Technologies, Inc. (TRAK) Over the Proposed Sale of the Company to Cox Automotive, Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Dealertrack Technologies, Inc.

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Faruqi & Faruqi, LLP

Jun 15, 2015, 11:42 ET

NEW YORK, June 15, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Dealertrack Technologies, Inc. ("Dealertrack" or the "Company") (NASDAQ: TRAK) for potential breaches of fiduciary duties in connection with the sale of the Company to Cox Automotive, Inc. for approximately $4 billion. The Company's stockholders will only receive $63.25 per share in cash for each share of Dealertrack common stock they own.

The values offered is barely above at least one Dealertrack price target, which is set at $63.00. However, financial analysts forecast that the Company's stock will continue climbing and will trade higher than the current price offered.

Click here for more information: www.faruqilaw.com/TRAK. There is no cost or obligation to you.

The investigation focuses on whether Dealertrack's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Dealertrack's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Dealertrack and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TRAK or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
[email protected]
Toll Free: (877) 247-4292
Phone: (212) 983-9330

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