You can use the else block of the for:
for fname in os.listdir('.'):
if fname.endswith('.true'):
# do stuff on the file
break
else:
# do stuff if a file .true doesn't exist.
The else attached to a for will be run whenever the break inside the loop is not executed. If you think a for loop as a way to search something, then break tells whether you have found that something. The else is run when you didn’t found what you were searching for.
Alternatively:
if not any(fname.endswith('.true') for fname in os.listdir('.')):
# do stuff if a file .true doesn't exist
Moreover you could use the glob module instead of listdir:
import glob
# stuff
if not glob.glob('*.true')`:
# do stuff if no file ending in .true exists