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22.03.2017 15:10:00
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SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of TransDigm Group Incorporated (TDG)
NEW YORK, March 22, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of TransDigm Group Incorporated ("TransDigm" or the "Company") (NYSE: TDG). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/tdg.
The investigation concerns whether TransDigm and certain of its officers and/or directors have complied with federal securities laws.
On January 20, 2017, Citron Research issued a report entitled "Could TransDigm be the Valeant of the Aerospace Industry?" alleging that TransDigm's business model depended on "acquir[ing] airplane parts companies (over 50 in total), fir[ing] employees, and egregiously rais[ing] prices," and suggested that the company's business model was insufficient for a competitive bidding environment. Following this news, TransDigm stock dropped $24.86 per share, or 9.87%, to close at $226.90 on January 20, 2017.
If you are aware of any facts relating to this investigation, or purchased shares of TransDigm, you can assist this investigation by visiting the firm's site: www.bgandg.com/tdg. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-transdigm-group-incorporated-tdg-300427612.html
SOURCE Bronstein, Gewirtz & Grossman, LLC
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