OSI Shareholder Alert: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of OSI Systems, Inc.; Encour...
29 January 2016 - 2:51AM
Business Wire
Shareholder Rights Law Firm Johnson & Weaver, LLP is
investigating potential violations of the federal securities laws
by OSI Systems, Inc. (NASDAQ: OSIS) and certain of its
officers. OSI engages in the design, manufacture and sale of
specialized electronic systems and components worldwide.
On January 27, 2016, OSI 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. Net income for the second quarter
missed analyst expectations by $.41. On this news, the stock has
traded down approximately 30% in early morning trading, January 28,
2016.
Specifically, Johnson & Weaver’s investigation will seek to
determine if certain of the Company’s statements regarding its
business and future prospects were false or misleading.
If you are a shareholder of OSI and are interested in
learning more about the investigation or your legal rights and
remedies, please contact Jim Baker
(jimb@johnsonandweaver.com) at 619-814-4471. If you
email, please include your phone number.
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New York and Georgia.
The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For
more information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160128005999/en/
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
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