SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Securities Fraud by OSI Systems, Inc. ...
29 January 2016 - 8:02AM
Business Wire
Levi & Korsinsky, LLP announces that it has commenced an
investigation of OSI Systems, Inc. (“OSI Systems” or the “Company”)
(NASDAQ:OSIS) concerning possible violations of federal securities
laws by the Company and/or certain of its officers and
directors.
On January 27, 2016, OSI reported their second quarter revenue
for the fiscal year of 2016 as $197 million, a 23% decrease
compared to the same period in 2015. The net income for the second
quarter missed analyst expectations by $0.41. Following this news,
OSI stock has dropped as much as 34.56% during intraday trading on
January 28, 2016. To obtain additional information about the
investigation, go to:
http://zlk.9nl.com/osi-systems-osis
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160128006479/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.30 Broad Street -
24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free: (877)
363-5972Fax: (212) 363-7171www.zlk.com
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