San Diego, CA -- (SBWIRE) -- 04/27/2015 -- An investigation on behalf of investors, who purchased shares of Trinity Industries Inc (NYSE:TRN) in 2012 or earlier and currently hold any of those NYSE:TRN shares, is ongoing concerning possible violations of securities laws by Trinity Industries Inc and certain of its directors and officers in connection certain statements regarding its was announced ET-Plus guardrail systems.

Investors who purchased shares of Trinity Industries Inc (NYSE:TRN) in 2012 or earlier and currently hold any of those NYSE:TRN shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain statements by Trinity Industries Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On February 10, 2014, Trinity Industries Inc announced its fourth quarter and full year 2013 results. Trinity Industries Inc reported that its annual Total Revenue rose from over $3.81 billion in 2012 to over $4.36 billion in 2013 and that its respective Net Income increased from $255.10 million to $375.50 million.

Shares of Trinity Industries Inc (NYSE:TRN) grew to as high as $50.30 per share in September 2014.

Then on October 20, 2014, a federal jury found Trinity Industries Inc liable for hiding information from the U.S. government over modifications made to Company's ET-Plus guardrail systems. The jury said those violations caused the U.S. government to incur $175 million in damages, making Trinity Industries Inc potentially liable for three times that amount in liability payments. Additionally, several other states have prohibited further purchases of the guardrail system citing safety concerns.

On December 12, 2014, a news outlet reported that, according to two guardrail industry professionals Trinity Industries Inc allegedly began making yet another undisclosed version of the guardrail systems. Shares of Trinity Industries Inc (NYSE:TRN) declined from $50.30 per share in September 2014 to as low as $24.41 per share on January 14, 2015.

On February 18, 2015, Trinity Industries Inc announced its fourth quarter and full year results. Trinity Industries Inc reported that its annual Total Revenue rose from over $4.36 billion in 2013 to $617 billion in 2014 and that its respective Net Income increased from $375.50 million to $678.20 million.

On March 11, 2015, it was reported that federal officials released a survey of potentially dangerous guardrails and said that they found no evidence that the guardrails had been quietly changed to make them safer after accusations that earlier changes had made them less safe.

On March 13, 2015, Trinity Industries Inc announced that the ET Plus System has passed all eight Federl highway Administration regquested crash tests.

However, On April 20, 2015, a report 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." Shares of Trinity Industries Inc (NYSE:TRN) declined to as low as $32.59 per share on April 22, 2015.

Those who purchased shares of Trinity Industries Inc (NYSE:TRN) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com