NEW YORK, Dec. 9, 2013 /PRNewswire/ -- Attorney Advertising
-- Bronstein, Gewirtz & Grossman, LLC is investigating
potential claims on behalf of purchasers of the securities of OSI
Systems, Inc. ("OSI Systems" or the "Company") (NasdaqGS:
OSIS). Such investors are advised to contact Peretz Bronstein or his Investor Relations
Coordinator Eitan Kimelman at
info@bgandg.com or 212-697-6484.
The investigation concerns whether OSI Systems and certain of
its officers and/or directors have violated Sections 10(b) and
20(a) of the Securities Exchange Act of 1934. On December 9, 2013, shares of OSI fell $19.33 or 29.85% during intraday trading to trade
at $45.42 after the Transportation
Security Administration canceled a $60
million order for carry-on baggage screening equipment last
week. The Company said in a news release today that TSA ended
the $60 million order because a part
in the machines made under the canceled contract was manufactured
in China and the Company didn't
get TSA's approval for that part, thus violating its contract.
If you are aware of any facts relating to this investigation, or
purchased shares of OSI Systems, you can assist this investigation
by contacting Peretz Bronstein or
his Investor Relations Coordinator Eitan
Kimelman of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
info@bgandg.com
SOURCE Bronstein, Gewirtz & Grossman, LLC