Energy News / Shareholders Foundation, Inc.

NYSE:TDG Shareholder Notice: Lawsuit Alleges Misleading Statements by TransDigm Group

Via: ReleaseWire

Updated 11:45 AM CDT, Tue, August 29,2017

A lawsuit was filed on behalf of investors in TransDigm Group Incorporated (NYSE:TDG) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 08/29/2017 -- An investor in NYSE:TDG shares filed a lawsuit against TransDigm Group Incorporated over alleged Securities Laws violations.

Investors who purchased shares of TransDigm Group Incorporated (NYSE:TDG) have certain options and for certain investors are short and strict deadlines running. Deadline: October 10, 2017. NYSE:TDG investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

According to the complaint the plaintiff alleges on behalf of purchasers of TransDigm Group Incorporated (NYSE:TDG) common shares between May 10, 2016 and January 19, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between May 10, 2016 and January 19, 2017, the defendants made false and/or misleading statements and/or failed to disclose that TransDigm Group's growth and profitability were artificially inflated as a result of its illicit business practices, that TransDigm Group used exclusive distributors to make noncompetitive government bids seems competitive, that TransDigm Group subsidiaries failed to list TransDigm as a parent entity when submitting government bids, and that as a result, defendants' statements about TransDigm's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.

Those who purchased shares of TransDigm Group Incorporated (NYSE:TDG) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysetdg-shareholder-notice-lawsuit-alleges-misleading-statements-by-transdigm-group-854887.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com