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TransDigm Group Incorporated (NYSE:TDG) Investor Investigation Over Potenial Breaches Of Fiduciary Duties In Connection With Executive Pay

  • If you who purchased TransDigm Group Incorporated (NYSE:TDG) and currently hold those NYSE:TDG shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
TransDigm Group Incorporated
Security
NYSE: TDG

Summary

San Diego, April 2, 2012 (Shareholders Foundation) -- An investigation for current investors in shares of TransDigm Group Incorporated (NYSE:TDG) was initiated concerning whether certain officers and directors of TransDigm Group breached their fiduciary duties by agreeing to pay certain executives potentially excessive compensations.

The investigation by a law firm focuses on whether the directors and officers of TransDigm Group Incorporated (NYSE:TDG)) harmed the company by agreeing to pay certain of TransDigm Groups senior officers and executives excessive compensation in past years.

TransDigm Group Incorporated reported that its Total Revenue rose from $713.71million for a 52weeks period ending on Sept. 30, 2008 to $1.2billion for a 52weeks period ending on Sept. 30, 2011. Despite that TransDigm Group almost doubled Total Revenue its Net Income for the same time periods increased only slightly from $133.13million to $172.13million.

Shares of TransDigm Group Incorporated (NYSE:TDG) rose from as low as $27.23 per share in November 2008 to over $117 per share in February 2012.

Top executives received a substantial increase in their compensation from 2010 to 2011. In fact, the compensation of its Chairman and CEO almost doubled from 2009 to 2010. The CEO earned a total compensation of $10.95million in 2010 and $20.66million in 2011. The pay of the Executive VP and CFO of TransDigm Group more than doubled from 2010 to 2011. He earned Total compensation of $1.36million in 2010 and more than $3.6million in 2011.

NYSE:TDG shares closed on Friday, March 30, 2012, at $115.76 per share.

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