[August 16, 2017]

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of TransDigm Group Incorporated Investors and Encourages Investors to Contact the Firm

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased TransDigm Group Incorporated ("TransDigm" or the "Company") (NYSE: TDG) securities between May 10, 2016 and January 19, 2017, inclusive (the "Class Period"). TransDigm investors have until October 10, 2017 to file a lead plaintiff motion.

Investors suffering losses on their TransDigm investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to [email protected].

On January 20, 2017, Citron Research issued a report accusing TransDigm of being the "Valeant of the aerospace industry." The report disclosed that the Company uses multiple shell distributors that have no pricing power to avoid detection by making government bids seems competitive. Citron further emphasized that TransDigm's growth was driven, in large part, by rampant acquisitions and extreme debt levels.

On this news, TransDigm's share price dropped $24.86 per share, or 9.87%, from $251.76 per share on January 19, 2017 to $226.90 per share on January 20, 2017, thereby injuring investors.

The complaint filed in this class action alleges that TransDigm made 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 seems 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. As a result of this fraudulent scheme, Defendants were able to artificially inflate the Company's financials throughout the Class Period.

If you purchased TransDigm, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170816005339/en/

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