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In re TransDigm Group, Inc. Securities Litigation, Master File No. 1:17 CV 1677
Case Number:
1:17-cv-01677
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 20, 2020
TransDigm Defeats Investor Suit Over Alleged Price-Gouging
An Ohio federal judge ruled Wednesday that investors in TransDigm Group Inc. had fallen short in asserting securities claims against the aerospace manufacturing company for allegedly inflating profits by gouging the U.S. government.
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August 10, 2017
TransDigm Hit With Investor Suit Alleging Price-Gouging
An Ohio firefighters’ pension fund Thursday brought a putative class action against TransDigm Group Inc. and its top executives in federal court, alleging the aerospace manufacturing company artificially inflated profits by gouging the U.S. government, causing the company’s stock price to plummet in January when the scheme was made public.