Lawsuit for Investors in TransDigm Group Incorporated (NYSE:TDG) shares announced by Shareholders Foundation

SAN DIEGO, CA / ACCESSWIRE / September 12, 2017 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who purchased (TDG) shares against TransDigm Group Incorporated over alleged Securities Laws Violations in connection with certain allegedly false and misleading statements.

Investors who purchased shares of TransDigm Group Incorporated (TDG) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

On January 20, 2017, an article was published claiming that TransDigm Group Incorporated is the Valeant of the aerospace industry. Specifically, the article was alleged that TransDigm Group Incorporated's business model relies on acquiring airplane parts companies, firing employees, and egregiously raising prices. The report claimed that while the Company's business model made it a dominant airplane parts supplier, it also burdened the Company's balance sheet with a sky-high debt load.

On March 21, 2017, California Representative Ro Khanna sent a letter to the Defense Department Inspector General asking for an investigation into the business practices of TransDigm Group Incorporated, claiming that the Company appears to be evading certain pricing and cost disclosure regulations.

On August 10, 2017, a securities class action lawsuit was filed against TransDigm Group Incorporated over alleged securities laws violations. The plaintiff claims that 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 TransDigm Group Incorporated (TDG) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

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

SOURCE: The Shareholders Foundation, Inc.

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