SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches Investigation of OSI Systems, Inc. for Possible Violations of Federal Secur...
12 December 2013 - 5:48AM
Business Wire
Levi & Korsinsky is investigating OSI Systems, Inc. (“OSI”
or the “Company”) (NasdaqGS:OSIS) for possible violations of
federal securities laws.
Click here to learn more about the investigation:
http://zlk.9nl.com/osi-systems-osis/ or call: 877-363-5972.
There is no cost or obligation to you.
On December 5, 2013, the Transportation Security Administration
(the “TSA”) canceled a $60 million order for carry-on baggage
screening equipment. On December 9, 2013, OSI acknowledged that the
cancellation was likely due to the Company’s use of a Chinese-made
component in the equipment; OSI says use of the component violated
its contract because the Company did not obtain approval for the
component before its usage. Shares of OSI were down more than
$17.00 per share in intraday trading on December 9, 2013.
If you own OSI stock and wish to obtain additional information
about the investigation and your legal rights, please contact
Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/osi-systems-osis/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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