Le Lézard
Classified in: Business
Subject: ATY

Block & Leviton LLP Investigates OSI Systems, Inc. (OSIS) After Report Suggests A Possible Bribery Scheme



BOSTON, Dec. 7, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether OSI Systems, Inc. ("OSI" or the "Company") (NASDAQ: OSIS) and certain of its officers and directors violated federal securities laws, and encourages shareholders to contact the firm.

On December 6, 2017, Muddy Waters Research published a report entitled "OSI: Rotten to the Core," asserting, among other things, that OSI "obtained a major turnkey contract in Albania [in 2013] through corruption."

On this news, the Company's stock fell nearly 30% on December 6 2017, causing shareholders tens of millions in losses.

If you purchased or otherwise OSI securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney Bradley Vettraino at (617) 398-5600, by email at bradley@blockesq.com, or by visiting www.blockesq.com/osi.   

Confidentiality to whistleblowers or others with information relevant to this investigation is assured.

Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.

This notice may constitute attorney advertising.

CONTACT:
Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
(617) 398-5600
bradley@blockesq.com

 

SOURCE Block & Leviton LLP


These press releases may also interest you

at 02:17
Cogobuy Group ("Cogobuy" or the "Company", stock code: 400.HK), an e-commerce platform serving the electronics manufacturing industry in China, announces that the Company has gradually overcome the impact of its tightened credit facilities. Its...

16 déc 2017
Pomerantz LLP announces that a class action lawsuit has been filed against Genocea Biosciences, Inc. ("Genocea" or the "Company") and certain of its officers.   The class action, filed in United States District Court, for the District of...

16 déc 2017
CalAtlantic Homes, one of the nation's largest homebuilders, today announced the debut of nine new home designs at Windsor Ridge in Joliet, IL. The public is invited to tour the stunning new model home and experience the thoughtful design details and...

16 déc 2017
CalAtlantic Homes, one of the nation's largest homebuilders, today announced the Grand Opening of Bluewood, the first master-planned community in the Celina Independent School District offering both high-end neighborhood amenities and an on-site...

16 déc 2017
Fred Jordan Missions is bringing Christmas to thousands of impoverished inner city children who will receive toys at Los Angeles' largest Christmas Toy Party Saturday, December 16 from 10:00am to 3:00pm.  Some of the toys that will be distributed...

16 déc 2017
CalAtlantic Homes, one of the nation's largest homebuilders, has announced the debut of Pescara, an enclave of 46 homes located within a gated community, just minutes from one of metro Phoenix's most vibrant employment corridors. Home shoppers can...




News published on 7 december 2017 at 19:25 and distributed by: