American Science & Engineering, Inc. (NASDAQ:ASEI) Shareholder Alert: Investigation Announced

An investigation on behalf of investors in American Science & Engineering, Inc. (NASDAQ:ASEI) shares over potential wrongdoing at American Science & Engineering was announced and NASDAQ:ASEI stockholders should contact the Shareholders Foundation.

Logo

San Diego, CA -- (SBWire) -- 03/04/2016 --An investigation for shareholders in American Science & Engineering, Inc. (NASDAQ:ASEI) was announced over potential breaches of fiduciary duties by certain directors.

Investors who purchased shares of American Science & Engineering, Inc. (NASDAQ:ASEI) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain American Science & Engineering directors breached their fiduciary duties and caused damage to the company and its shareholders.

On April 24, 2015, American Science & Engineering, Inc disclosed that on April 17, 2015, it received a subpoena from the Office of the Inspector General of the U.S. General Services Administration ("GSA"), relating to an investigation by the GSA and the Department of Defense of our compliance with the terms and conditions of American Science & Engineering's contractual arrangements with the GSA.

On February 8, 2016, American Science & Engineering, Inc. reported its financial results for the third quarter of fiscal year 2016 ended December 31, 2015. Shares of American Science & Engineering, Inc. declined to as low as $22.79 per share on February 11, 2016.

On March 2, 2016, NASDAQ:ASEI shares closed at $24.47 Per share.

Those who purchased shares of American Science & Engineering, Inc. (NASDAQ:ASEI) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/670054