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.
Copyright Business Wire 2015