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TRN Trinity Industries Inc

30.51
0.07 (0.23%)
07 May 2024 - Closed
Delayed by 15 minutes
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
  0.07 0.23% 30.51 31.00 30.33 30.82 415,083 01:00:00

The Shuman Law Firm Investigates Trinity Industries Inc.

13/08/2015 6:30pm

Business Wire


Trinity Industries (NYSE:TRN)
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The Shuman Law Firm announces that it is investigating potential claims against certain officers and directors of Trinity Industries Inc. (“Trinity” or the “Company”) (NYSE: TRN). Trinity is a Dallas, TX-based company which provides products and services for the energy, transportation, chemical, and construction sectors.

The Firm’s investigation relates to potential damages to Trinity caused by allegedly false and misleading public statements made by the Company’s senior officers and directors regarding the Company’s highway safety rail systems. An October 20, 2014 article featured in The New York Times reported that at least three states had banned the use of guardrail heads manufactured by Trinity, citing safety concerns. The article also reported that a Texas jury found that Trinity deliberately withheld information from the Federal Highway Administration about cost-saving changes to its highway guardrail system, which made it more dangerous, ruling the company defrauded the government by $175 million.

These alleged false and misleading statements, when made public, led to a drop in Trinity’s stock price and the filing of a class action lawsuit against the Company and certain of its senior officers and directors.

If you currently own Trinity Industries common stock and are interested in discussing your rights, or have information relating to this investigation, please contact Kip B. Shuman or Rusty E. Glenn toll-free at (866) 569-4531 or email Mr. Shuman at kip@shumanlawfirm.com or email Mr. Glenn at rusty@shumanlawfirm.com.

The Shuman Law Firm represents investors throughout the nation, concentrating its practice in stockholder litigation.

The Shuman Law FirmKip B. Shuman, Esq., 303-861-3003kip@shumanlawfirm.comorRusty E. Glenn, Esq., 303-861-3003rusty@shumanlawfirm.comorToll-Free: 866-569-4531Fax: 303-536-7849www.shumanlawfirm.com

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