NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C. reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Ohio on behalf of all persons or entities who purchased or otherwise acquired TransDigm Group, Incorporated (NYSE:TDG) securities between May 10, 2016 and January 19, 2017 (the “Class Period”). Investors have until October 10, 2017 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The Complaint alleges that TransDigm made false and/or misleading statements and/or failed to disclose that: (1) TransDigm’s growth and profitability were artificially inflated as a result of its illicit business practices; (2) the Company used exclusive distributors to make noncompetitive government bids seems competitive; (3) TransDigm subsidiaries failed to list TransDigm as a parent entity when submitting government bids; and (4) as a result of the foregoing, Defendants’ statements about TransDigm’s business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
If you purchased or otherwise acquired TransDigm securities during the Class Period and suffered a loss or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
Bragar Eagel & Squire, P.C. is a New York-based law firm concentrating in commercial and securities litigation. For additional information concerning the TransDigm Group lawsuit, please go to http://www.bespc.com/tdg. For additional information about Bragar Eagel & Squire, P.C., please go to www.bespc.com.
