The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been brought on behalf of investors who purchased or otherwise acquired the securities of Trinity Industries, Inc. (“Trinity” or the “Company”) (NYSE:TRN) between February 16, 2012 and April 29, 2015, inclusive (the “Class Period”).

If you purchased or otherwise acquired Trinity securities during the Class Period, you may move the Court for appointment as lead plaintiff by no later than June 29, 2015. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the action will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

Trinity investors who wish to learn more about the action and how to seek appointment as lead plaintiff should click here or contact Sharon M. Lee of Lieff Cabraser toll-free at 1-800-541-7358.

Background on the Trinity Securities Class Litigation

The actions charge Trinity and certain of its officers with violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Trinity is a Dallas, Texas-based manufacturer of industrial, construction, and transportation products.

The actions allege that defendants made false and/or misleading statements and/or failed to disclose that Trinity made design changes to its ET-Plus guardrails in 2005 installed on highways throughout the United States without notifying the Federal Highway Administration (the “FHWA”), the government agency that certified the safety of the guardrails and determined their eligibility for federal-aid reimbursement.

On October 12, 2014, The New York Times reported that at least three states had banned further installation of Trinity’s ET Plus guardrails due to safety concerns following cost-saving changes Trinity secretly made in 2005 that allegedly caused some guardrail heads to malfunction and, in essence, turned the rails into spears when hit by a vehicle instead of cushioning the blow as they were expected to do. Following this news, on October 13, 2014, Trinity stock fell $2.07 per share, or 5.9%. On October 14, 2014, the Times reported that the State of Virginia threatened to ban Trinity guardrails unless the company performed additional safety tests. Trinity’s stock price fell another $0.53 per share, or 1.5%, on this news.

On October 20, 2014, a jury in a whistleblower law suit against Trinity found that the company deliberately withheld information from the federal government about the changes made to the ET Plus guardrail system and that Trinity defrauded the government out of $175 million. On this news, the price of Trinity stock fell $4.45 per share, or 12.3%.

On October 24, 2014, Trinity announced that it would stop shipments of its ET Plus guardrails until additional crash testing is complete. Following this announcement, Trinity stock fell $0.46 per share, or 1.2%.

On April 22, 2015, Bloomberg News reported that the U.S. Department of Justice (the “DOJ”) had launched a criminal investigation into the use of ET Plus guardrails linked to at least eight deaths. On this news, Trinity stock fell $3.43 per share, or approximately 9.4%. On April 24, 2015, Trinity confirmed that it was the target of a DOJ investigation. Trinity’s stock fell another $4.66, or 14%, on this news.

On April 29, 2015, Bloomberg News reported that Trinity had received a subpoena from the DOJ regarding “its allegedly defective guardrail safety system” and that the DOJ sought “documents from 1999 and later regarding Trinity’s guardrail end terminals[.]” On this news, Trinity’s stock fell $0.98, or 3.49%, on heavy trading volume.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York, and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

The National Law Journal has recognized Lieff Cabraser as one of the nation’s top plaintiffs’ law firms for eleven years. In compiling the list, the National Law Journal examines recent verdicts and settlements and looked for firms “representing the best qualities of the plaintiffs' bar and that demonstrated unusual dedication and creativity.” Best Lawyers and U.S. News have also named Lieff Cabraser as a “Law Firm of the Year” each year the publications have given this award to law firms.

For more information about Lieff Cabraser and the firm’s representation of investors, please visit lieffcabraser.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Source/Contact for Media Inquiries Only:Lieff Cabraser Heimann & Bernstein, LLPSharon M. Lee, 1-800-541-7358

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