NEW YORK–(BUSINESS WIRE)–Levi & Korsinsky announces it has commenced an investigation of TransDigm Group Incorporated (NYSE:TDG) concerning possible violations of federal securities laws.
On March 21, 2017, California Representative Ro Khanna (D-CA) wrote a letter to the Inspector General of the Department of Defense, calling for an investigation into whether the Company has potentially engaged in „waste, fraud and abuse in the defense and industrial base.” Then on June 12, 2017, TransDigm stock fell after reports that Senator Elizabeth Warren sent a letter to the U.S. Department of Defense urging an investigation of TransDigm after “monitoring reports that suggest TransDigm…has used a variety of tactics to avoid sharing cost information with the government for parts for which it is the sole source supplier.” To obtain additional information, go to:
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