Harwood Feffer LLP Announces Investigation of TransDigm Group Incorporated

Aug 30, 2017

NEW YORK, Aug. 30, 2017 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of TransDigm Group Incorporated ("TransDigm" or the "Company") (NYSE: TDG), including whether the board has breached its fiduciary duties to shareholders.

Harwood Feffer LLP. (PRNewsFoto/Harwood Feffer LLP)

On January 20, 2017, an entity called Citron Research published a report titled "Could TransDigm be the Valeant of the Aerospace Industry?'" The report states that TransDigm's business is reliant on "'acquir[ing] airplane parts companies (over 50 in total), fir[ing] employees, and egregiously rais[ing] prices."  On this news, TransDigm stock dropped $24.86 per share, or 9.87%, to close at $226.90 on January 20, 2017. 

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with potential conflicts of interest and inaccurate public disclosures.

If you own TransDigm shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
                           (212)935-7400
Email:  [email protected]
Website:   http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

 

SOURCE Harwood Feffer LLP