The Shuman Law Firm Investigates Trinity Industries Inc.
August 13 2015 - 1:30PM
Business Wire
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.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150813006165/en/
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
Trinity Industries (NYSE:TRN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Trinity Industries (NYSE:TRN)
Historical Stock Chart
From Apr 2023 to Apr 2024