Defendants and Trinity

misleading statements: Trinity is a diversified industrial company that owns a variety of businesses that provides products and services to the energy, transportation, chemical, and construction sectors, according to Market Watch. The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: Trinity engaged in cost-cutting alterations to its ET-Plus guardrails; the safety of its units was compromised as a result of the alterations; the crash tests on Trinity products may have been flawed; and Trinity faces additional civil and criminal liabilities as a result of the flawed crash tests. TRN, -1.07% between February 16, 2012 and April 23, 2015, inclusive . Trinity investors have until June 29, 2015 to file a motion to be appointed as lead plaintiff in the shareholder lawsuit. As a result of the foregoing, Defendants’ statements about Trinity business, operations, and prospects, were false and misleading and/or lacked a reasonable basis in that the Company liabilities were understated, and its financial projections were overstated. On this news, Trinity shares declined $3.43 per share, over 9%, to close at $32.82 per share on April 22, 2015. After the market closed on April 21, 2015, an article published on Bloomberg stated that the U.S. Justice Department is investigating the Federal Highway Agency support of Trinity highway guardrail system. (news.financializer.com). As reported in the news.