NEW YORK, April 28, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Trinity Industries Inc. ("TRN" or the "Company") (NYSE: TRN) and certain of its officers and directors arising out of recent reports that a public corruption and special prosecutions unit of the U.S. Department of Justice is investigating the role of Trinity's guardrail systems linked to least eight deaths. The reports indicate that Trinity is being investigated regarding its relationship with the Federal Highway Administration ("FHWA"). Federal investigators and the Federal Bureau of Investigation are interviewing potential witnesses about TRN's relationship with the FHWA and subpoenaed documents.
Since reports of the investigation surfaced last week, the closing price of TRN shares have fallen over 23%, from $36.25 to $27.62 per share. TRN is a diversified industrial company that owns market-leading businesses providing products and services to the energy, transportation, chemical, and construction sectors. One of Trinity's five principal business segments provides highway products and maintenance services.
If you own TRN shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
James G. Flynn, Esq. Robert I. Harwood, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212) 935-7400 Email: [email protected] Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.