Bernstein Liebhard LLP Investigates Claims On Behalf Of Those Who Invested In Trinity Industries, Inc.
NEW YORK, April 22, 2015 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether Trinity Industries, Inc. ("Trinity" or the "Company") (NYSE: TRN) issued materially false and misleading statements to investors in violation of the federal securities laws.
Trinity is a diversified industrial company that owns a variety of market-leading businesses providing products and services to the energy, transportation, chemical, and construction sector. 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, the market learned that Trinity was 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 [and] [i]nvestigators 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." After this news, shares of Trinity fell almost 10% in intra-day trading.
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3 billion for its clients. The National Law Journal has recognized Bernstein Liebhard for twelve consecutive years as one of the top plaintiffs' firms in the country.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2015 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
[email protected]
Logo - http://photos.prnewswire.com/prnh/20120202/MM47134LOGO
SOURCE Bernstein Liebhard LLP
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article