SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Trinity Industries Inc. – TRN

NEW YORK, NY / ACCESSWIRE / April 22, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Trinity Industries Inc. (“Trinity” or the “Company”) (NYSE: TRN). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether Trinity and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. 

On April 20, 2015, a report in BloombergBusiness online stated that “the U.S. Justice Department is conducting a criminal investigation into the use of a highway guardrail system linked to at least eight deaths, according to people familiar with the matter, signaling a new wave of potential woes for manufacturer Trinity Industries Inc.”

On this news, shares of Trinity fell $2.22 per share, to $34.03, or more than 6.13%, in intra-day trading on April 22, 2015.

The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

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