Ripple Locks 700 Million XRP Back in Escrow After October Release 
Trump Praises Boeing 737 Max After Flydubai Crash Attempt 
WordPress Malware Uses Ethereum to Evade Removal 
Robinhood Stock Nears $114 as Jobs Data Boosts Risk Appetite 
Airbus Spain Workers Approve Deal to End Months of Strikes 
Amazon Eyes $8 Billion Nvidia Chip Spinoff to Fund AI Expansion 
Disney Plans TV Restructuring With Hundreds of Layoffs 
Citi Raises Bitcoin Target to $113,000 as Crypto Outlook Improves 
Citi Raises Bitcoin Price Target to $113,000 on ETF Optimism 
Nike Stock Slides as Revenue Miss Clouds Turnaround 
SoftBank Shares Fall After $10 Billion OpenAI Investment 
Evernorth Set for Nasdaq Debut With 473 Million XRP Treasury 
Volvo Cars Drops Full-Year Outlook as China, US Sales Weaken 
DogeOS Launches Testnet to Bring DeFi Apps to Dogecoin 
Lynas Shares Slide on A$968 Million Meteoric Resources Deal 
Zcash Awards $8 Million in Grants After Orchard Bug Crisis 
Flydubai Co-Pilot Tried to Crash Israel-Bound Jet, Netanyahu Says 
 - EconoTimes)
Add as a preferred source on Google
NEW YORK, Sept. 14, 2017 -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of TransDigm Group Incorporated (NYSE:TDG) who purchased shares between May 10, 2016 and January 19, 2017. The action, which was filed in the United States District Court for the Northern District of Ohio, alleges that the Company violated federal securities laws.
In particular, the complaint alleges that throughout the Class Period, defendants made materially 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 seem 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.
Shareholders have until October 10, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.
If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sb/transdigm-group-incorporated?wire=3.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
