An investigation on behalf of current long term investors in TransDigm Group Incorporated (NYSE:TDG) shares over possible breaches of fiduciary duty by certain officers and directors was announced and NYSE:TDG stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 12/06/2017 -- Certain directors of TransDigm Group Incorporated are under investigation over possible wrongdoing. The investigation was announced for investors who currently hold shares of TransDigm Group Incorporated (NYSE:TDG).
Investors who are investors in TransDigm Group Incorporated (NYSE:TDG) should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.
The investigation by a law firm for investors in NYSE:TDG stocks follows a lawsuit filed against TransDigm Group over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE:TDG stocks, concerns whether certain NYSE:TDG officers and directors are liable in connection with the allegations made in that lawsuit. The plaintiff alleges 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 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