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Shareholders Sue Trinity Over Guardrail Safety Disclosure

2015-04-29 14:43:14| Railroads - Topix.net

Trinity Industries Inc. was sued by shareholders alleging the company failed to disclose it made changes to its guardrail safety system without government review. At least two lawsuits were filed in federal court in Dallas accusing the company of making materially false and misleading statements.

Tags: safety sue disclosure shareholders

 

Guardrail Whistleblower Puts Own Company Into Bankruptcy

2015-03-18 09:41:07| Railroads - Topix.net

A Virginia man who's been battling guardrail maker Trinity Industries Inc. over safety concerns has put his own firm, a smaller guardrail maker, into bankruptcy protection. Joshua Harman, who stands to profit from the largest-ever whistleblower award won without Justice Department help, owns 37.5% of Spig Industry LLC, which filed for bankruptcy Monday.

Tags: company puts bankruptcy whistleblower

 
 

Feds: guardrail system passes all safety tests

2015-03-16 12:00:22| Railroads - Topix.net

Federal officials said that a guardrail system found on many U.S. highways met safety standards in crash tests that followed accusations they have speared cars.

Tags: system safety tests passes

 

FHWA Says Controversial Highway Guardrail Passed Crash Tests

2015-03-15 01:03:22| ENR.com: Headline News

FHWA says installation Trinity Industries guardrail now is eligible for federal funding

Tags: tests passed highway crash

 

Feds defend giving guardrail passing grades

2015-03-14 08:05:17| Railroads - Topix.net

A potentially dangerous guardrail cleared a crucial hurdle Friday when federal officials released their analysis of four crash tests and gave the product passing grades, even for the final test, in which the driver's door was severely damaged. But the findings by the Federal Highway Administration seemed only to intensify the debate over the guardrail, which is called the ET-Plus and made by Dallas-based Trinity Industries, as critics on Capitol Hill denounced the conclusion as the result of a flawed process.

Tags: giving passing defend grades

 

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