The U.S. said Trinity Industries Inc. must provide a crash-test plan by Oct. 31 following a verdict yesterday that the guardrail system maker duped the government by hiding changes to its product. A Texas jury found yesterday that Trinity had …
Trinity Industries Inc. faces a potential liability of $1 billion after a jury found the company defrauded the U.S. by deliberately withholding information about cost-saving changes to its highway guardrail system that potentially made it more dangerous. Jurors in Marshall, …
Trinity Industries Inc. is set to defend itself a second time at trial against $1 billion in claims that its highway guardrail systems lock up and puncture cars on impact — sometimes with fatal consequences. Joshua Harman, a self-described safety …
The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg said. Greenberg’s Starr International Co., AIG’s largest shareholder when the …
Trinity Industries Inc.’s courtroom defense of the safety of its highway guardrails prompted a federal judge to declare a mistrial because of “serious concerns” about a company witness’s truthfulness. U.S. District Judge Rodney Gilstrap in Marshall, Texas, ruled yesterday that …
Trinity Industries Inc. will have 13 hours this week to fight allegations its highway guardrail systems are a deadly hazard that spear cars on impact, with as much as $1 billion at stake for the company. U.S. District Judge Rodney …
Before dawn on Feb. 23, Darius Williams ran his Nissan Sentra off a North Carolina interstate at 80 miles per hour. A length of guardrail pierced his door, according to the police report, driving the 24-year-old’s body into the opposite …
When Ford Motor Co. recalled 600,000 sport-utility vehicles last week, it became the fourth carmaker this year to acknowledge an issue with malfunctioning air bags. So far in 2014, automakers in the U.S. have recalled about 6.6 million cars and …
The National Collegiate Athletic Association is expected as early as April to reach an agreement to boost safeguards for athletes who get concussions while playing college sports. Driving the deal is 59-year-old Seattle lawyer Steve Berman, a onetime college soccer …
Lawyers looking to sue General Motors Co. after its global recall of 1.6 million vehicles over an ignition defect may find their path blocked by a judge’s order five years ago in the company’s reorganization. Allegations about deaths or economic …
