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Trinity Industries, Inc. Announces Fifth Circuit Denies Petition for Rehearing En Banc in False Claims Act Case

DALLAS – November 14, 2017 – Trinity Industries, Inc. (NYSE:TRN) announces that earlier today the United States Court of Appeals for the Fifth Circuit, in a per curiam order, denied the Relator’s Petition for Rehearing En Banc in Joshua Harman, on behalf of the United States of America, Plaintiff/Relator v. Trinity Industries, Inc. and Trinity Highway Products, LLC, Defendants....Read More

 

Trinity Industries, Inc. Wins at Fifth Circuit Court of Appeals
Fifth Circuit Reverses Judgment, Finds No False Claims Act Violation

DALLAS – October 2, 2017 – Trinity Industries, Inc. (NYSE:TRN) announced today that on September 29, 2017, the United States Court of Appeals for the Fifth Circuit (“Fifth Circuit”) ruled that Trinity Industries, Inc. and Trinity Highway Products, LLC (together, the "Company") did not commit fraud, reversing the District Court’s $682.4 million False Claims Act judgment and rendering judgment for the Company. 

The Company is pleased with the panel’s unanimous opinion reversing the judgment. As the Fifth Circuit noted, the federal government has consistently reaffirmed the ET Plus® System meets all federal safety performance standards. This ruling confirms our long-standing belief that no fraud was committed.

Please refer to the Company’s Form 8-K issued contemporaneously with this Press Release as well as Note 18 to the financial statements in Trinity’s Form 10-K for the period ended December 31, 2016, and Form 10-Q for the period ended June 30, 2017, for additional information about Joshua Harman, on behalf of the United States of America, Plaintiff/Relator v. Trinity Industries, Inc., Defendant and the Company’s highway products and other litigation...Read More


 


Trinity Highway Products, LLC (Trinity Highway) manufactures and sells a guardrail end terminal known as the ET Plus® System. Trinity is confident in the performance of all our company’s products, including the ET Plus® System, which is a federally accepted energy-absorbing guardrail end terminal system used on roadways. When impacted within the applicable National Cooperative Highway Research Program (NCHRP) Report 350 criteria, the ET Plus® System has shown to perform as a “crashworthy” product as characterized by the Federal Highway Administration (FHWA).

The ET Plus® System is manufactured under license by Trinity Highway, and was invented by an engineering team at the Texas A&M Transportation Institute (TTI), which is recognized as one of the finest higher education–affiliated transportation research agencies in the nation.

The ET Plus® System has been successfully crash tested more times than any product of its kind. It has an unbroken chain of eligibility for federal-aid reimbursement from the FHWA.

ET Plus testing banner

The ET Plus® System is an energy-absorbing guardrail end terminal. To learn more, click here

Testing and Results

For more detailed information about the ET Plus® System testing process, click here.


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