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OSI SYSTEMS INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates OSI Systems Inc. for Possible Securities Fraud - (OSIS)

OSI SYSTEMS (OSIS)  More Company Research Source: Business Wire
Last osi systems earnings: 4/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.osi-systems.com
PDF NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into OSI Systems Inc. (NasdaqGS: OSIS). On December 6, 2017, several problems with the Company’s business model and/or practices were highlighted in a report by Bloomberg. Specifically, the issues cited related to the pricing of a significant sales contract that was up for renewal, the degree to which the Company relied on the contract, and the detrimental effect that a reduction of the contract’s pricing terms would have on the Company. The report also raised ethical concerns with how the Company had obtained another contract. On this news, the price of OSI Systems’ shares plummeted. KSF’s investigation is focusing on whether OSI Systems and/or its officers and directors violate [Read more]

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