A lawsuit was filed by an investor in TransDigm Group Incorporated (NYSE:TDG) shares over alleged wrongdoing at TransDigm Group Incorporated.
San Diego, CA -- (SBWIRE) -- 11/18/2021 -- An investor in NYSE: TDG shares filed a lawsuit against certain officers and directors at TransDigm Group Incorporated in connection with the compensation of the board of director.
Investors who purchased shares of TransDigm Group Incorporated (NYSE: TDG) and currently hold any of those NYSE: TDG shares have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff alleges that the defendants breached their fiduciary duties to the company and abused their position through self-interested and excessive compensation.
Cleveland, OH based TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally.
TransDigm Group Incorporated reported that its Total Revenue declined from over $5.22 billion for the 12 months period that ended on September 30, 2019 to over $5.1 billion for the 12 months period that ended on September 30, 2020, and that its Net Income over those respective time periods declined from $889.77 million to $699.00 million.
Shares of TransDigm Group Incorporated (NYSE: TDG) closed on November 17, 2021, at $658.93 per share.
Those who purchased shares of TransDigm Group Incorporated (NYSE: TDG), have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and 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. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.