An investigation on behalf of investors of TransDigm Group Incorporated (NYSE:TDG) shares over potential securities laws violations by TransDigm Group Incorporated and certain of its directors and officers in connection certain financial statements was announced.
Investors who purchased shares of TransDigm Group Incorporated (NYSE:TDG), have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of TransDigm Group Incorporated (NYSE:TDG) concerning whether a series of statements by TransDigm Group Incorporated regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
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.
Then, 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.
Those who purchased shares of TransDigm Group Incorporated (NYSE:TDG) have certain options and should contact the Shareholders Foundation.
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