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TRN Deadline Alert: The Law Offices of Howard G. Smith Announces Expanded Class Period and Reminds Trinity, Inc. Investors of Upcoming Deadline
[June 25, 2015]

TRN Deadline Alert: The Law Offices of Howard G. Smith Announces Expanded Class Period and Reminds Trinity, Inc. Investors of Upcoming Deadline


Law Offices of Howard G. Smith announces that an additional class action lawsuit has been filed in the United States District Courts for the Eastern and Northern District of Texas against Trinity Industries, Inc. (NYSE: TRN) ("Trinity" or the "Company") for alleged violations of federal securities laws. Investors who purchased, or otherwise acquired shares, between February 16, 2012 and April 29, 2015, inclusive (the "Expanded Class Period"), have until June 29, 2015 to file a lead plaintiff motion in the class action.

The complaint alleges that, among other allegations, Trinity Industries, Inc. provides products and services to companies in the transportation, chemical, and industrial sectors. The complaint alleges that during the Expanded Class Period Trinity made false and/or misleading statements and/or failed to disclose that: (1) Trinity modified certain dimensions of the ET-Plus n 2005 without notifying the Federal Highway Administration ("FHWA"), the federal agency that certifies the safety of roadside hardware; and (2) as a result, Trinity's public statements were materially false and misleading at all relevant times.



On October 12, 2014, the New York Times published an article reporting that at least three states had banned the use of guardrail heads produced by Trinity. This news caused shares of Trinity to drop nearly 6% on heavy volume. On April 21, 2015, an article featured in Bloomberg (News - Alert) News claimed that Trinity was being investigated by the U.S. Department of Justice for purposefully withholding information from the FHWA about the safety of its guardrails, resulting in Trinity shares falling by over 9%. On April 24, 2015, Trinity confirmed that they were the target of a federal investigation, causing shares to fall an additional 14% to close at 28.70 per share.

If you purchased Trinity shares or other securities during the Expanded Class Period, 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 [email protected], 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.


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