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Triumph Group Announces That Mississippi Supreme Court Has Affirmed Dismissal of All Eaton Claims

BERWYN, Pa.--(BUSINESS WIRE)--Nov. 22, 2013-- Triumph Group, Inc. (NYSE:TGI) today announced that the Supreme Court of Mississippi, in a unanimous en banc decision, affirmed the dismissal with prejudice of all of Eaton’s claims against the Company, its subsidiary Triumph Actuation Systems LLC and certain employees.

In upholding the dismissal, the Court concluded that the evidence clearly and convincingly showed that Eaton knew that its outside counsel, Ed Peters, had engaged in improper ex parte communication on Eaton’s behalf with the then presiding Mississippi state trial court Judge, Bobby DeLaughter. The Supreme Court also affirmed the previously imposed $1,560,642.83 sanction against Eaton and certain of its attorneys for intentional discovery violations in the course of the same litigation.

Triumph's counterclaims against Eaton in the Mississippi state court case remain pending, as does an antitrust suit brought by Triumph against Eaton in federal court in North Carolina. For further information, the company refers to the Supreme Court's opinion, which is publicly available.

Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.

Source: Triumph Group, Inc.

Triumph Group, Inc.
Sheila G. Spagnolo
Vice President
610-251-1000
sspagnolo@triumphgroup.com