LOS ANGELES, CA / ACCESSWIRE / October 6, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against TransDigm Group Incorporated (“TransDigm” or the “Company”) (NYSE: TDG) for possible violations of federal securities laws from May 10, 2016 through January 19, 2017, inclusive (the “Class Period”). Investors who purchased or otherwise acquired TransDigm shares during the Class Period should contact the firm by October 10, 2017, the lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at email@example.com.
No class has been certified in the above action yet, and until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
The Complaint alleges that, during the Class Period, TransDigm made false and/or misleading statements and/or failed to disclose: that the Company’s growth and profitability were artificially inflated because of its illicit business practices; that TransDigm used exclusive distributors to make noncompetitive government bids seems competitive; that the Company’s subsidiaries failed to list TransDigm as a parent entity when submitting government bids; and that, as a result of the above, the Company’s statements about its business, operations, and prospects were false and misleading and/or lacked a reasonable basis. When this information was announced, TransDigm’s stock price fell materially, which harmed investors according to the Complaint.
Lundin Law PC was founded by Brian Lundin, Esq., a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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SOURCE: Lundin Law PC