San Diego, CA -- (SBWIRE) -- 12/08/2016 -- An investigation on behalf of investors of Orion Energy Systems, Inc. (NASDAQ:OESX) shares over potential securities laws violations was announced.

Investors who purchased shares of Orion Energy Systems, Inc. (NASDAQ:OESX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on whether certain statements regarding Orion Energy Systems' business, its prospects and its operations were materially false and misleading at the time they were made.

Orion Energy Systems, Inc. reported that its Total Revenue declined from $72.21 million for the 12 months period that ended on March 31, 2015 to $67.64 million for the 12 months period that ended on March 31, 2016 and that its Net Loss for those respective time periods declined from $32.06 million to $20.13 million.

Shares of Orion Energy Systems, Inc. (NASDAQ:OESX) declined from $7.35 per share in early 2014 to as low as $1.04 per share on June 27, 2016,

On December 7, 2016, NASDAQ:OESX shares closed at $2.22 per share.

Those who purchased shares of Orion Energy Systems, Inc. have certain options and should contact the Shareholders Foundation.