An investigation for investors in NASDAQ:OSIS shares over potential securities laws violations by OSI Systems was announced and NASDAQ:OSIS stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 03/04/2016 -- An investigation for shareholders in OSI Systems, Inc. (NASDAQ:OSIS) was announced concerning possible securities laws violations by OSI Systems in connection certain financial statements.
Investors who purchased shares of OSI Systems, Inc. (NASDAQ:OSIS), have certain options and should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of OSI Systems, Inc. (NASDAQ:OSIS) concerning whether certain statements by OSI Systems, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On January 27, 2016, NASDAQ:OSIS announced its second quarter fiscal 2016 financial results and updated its fiscal 2016 sales and earnings guidance. Among other things, OSI Systems, Inc reported revenues of $197 million for the second quarter of fiscal 2016, a decrease of 23% as compared to the same period a year ago. Shares of OSI Systems, Inc. (NASDAQ:OSIS) dropped from $80.71 per share on January 26, 2015, to as low as $48.19 per share on January 28, 2016.
Those who purchased shares of OSI Systems, Inc. (NASDAQ:OSIS) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
3111 Camino Del Rio North - Suite 423
92108 San Diego