NEW YORK, Oct. 23, 2014 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential wrongdoing at Trinity Industries Inc. ("Trinity" or the "Company") (NYSE: TRN). The investigation focuses on whether certain officers and directors at Trinity breached their fiduciary duties by causing or allowing Trinity to engage in the improper modification of the Company's ET-Plus guardrail systems.
On October 20, 2014, a federal jury found Trinity liable over claims that the Company had failed to inform the United States Federal Highway Administration over changes made to Trinity's ET-Plus guardrail systems. The jury said those violations caused the U.S. government to incur $175 million in damages, making the Company potentially liable for three times that amount for a total of $525 million in payments. Furthermore, several states have banned the further purchase of ET-Plus guardrail system citing safety concerns.
Request more information now by clicking here: www.faruqilaw.com/TRN. There is no cost or obligation to you.
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If you own Trinity stock and would like to discuss your legal rights, visit www.faruqilaw.com/TRN. You can also contact us by calling Antonio Vozzolo toll free at (877)247-4292 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Trinity's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Antonio Vozzolo
[email protected]
Telephone: (212) 983-9330
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SOURCE Faruqi & Faruqi, LLP
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