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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Trinity Industries Inc | NYSE:TRN | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 27.06 | 0 | 10:10:28 |
Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Trinity Industries, Inc. (“Trinity” or the “Company”) (NYSE: TRN) concerning the Company’s and its officers’ possible violations of federal securities laws. Howard G. Smith, Esq. is preparing a class action to recover damages on behalf of injured Trinity shareholders.
Trinity’s ET-Plus guardrail system has been implicated in several roadside injuries and deaths. Reports of at least eight deaths connected to Trinity’s guardrail led to multiple investigations into the safety of the system, including crash tests conducted by the Federal Highway Administration (“FHWA”). On April 21, 2015 it came to light that Trinity is being investigated for potentially bribing or otherwise corrupting the FHWA inquiry into the safety of the ET-Plus system. According to a report published by Bloomberg News, “federal investigators are interviewing potential witnesses about issues including Trinity’s relationship with the FHWA, according to these people. Investigators from a public corruption and special prosecutions unit of the Justice Department have subpoenaed documents from court battles involving Trinity’s ET-Plus on behalf of a grand jury.” On this news, shares of Trinity have fell $3.49 per share, or over 9%, to close on April 22, 2014 at $32.82 per share, on unusually high volume.
If you purchased shares of Trinity prior to April 22, 2015, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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