UPDATE 1-U.S. top court declines to weigh in on Trinity government fraud dispute [Reuters]
Trinity Industries, Inc. (TRN)
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Source: Reuters
UPDATE 1-U.S. top court declines to weigh in on Trinity government fraud dispute | Reuters 3 Min Read (Adds background on case) By Nate Raymond Jan 7 (Reuters) - The U.S. Supreme Court on Monday declined to consider whether to restore a $663.4 million judgment against Trinity Industries Inc in a lawsuit alleging it failed to tell a highway agency about changes made to a guardrail system that raised safety concerns. The justices turned down an appeal of a 2017 decision by the 5th U.S. Circuit Court of Appeals overturning a 2014 verdict by a federal jury in Texas that found Trinity had defrauded the government. Joshua Harman, a competitor of Dallas-based Trinity, filed the lawsuit in 2012 under the False Claims Act, which allows whistleblowers to sue companies on the government’s behalf to recover fraudulently paid-out taxpayer money. His lawyers had argued the case presented an opportunity for the top court to clarify to what extent the government’s decision to keep paying a company su
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News
- Trinity Industries, Inc. Announces Date for Earnings ReleaseBusiness Wire
- Is Trinity Industries, Inc. (NYSE:TRN) Expensive For A Reason? A Look At Its Intrinsic Value [Yahoo! Finance]Yahoo! Finance
- Here's Why Investors Should Avoid Trinity (TRN) Stock Now [Yahoo! Finance]Yahoo! Finance
- Did Trinity Industries, Inc. (NYSE:TRN) Use Debt To Deliver Its ROE Of 11%? [Yahoo! Finance]Yahoo! Finance
- Trinity Industries, Inc. Declares Quarterly DividendBusiness Wire
TRN
Earnings
- 2/22/24 - Beat
TRN
Sec Filings
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- TRN's page on the SEC website