OSI Systems Inc
The Klein Law Firm Reminds Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by OSI Systems Inc. (OSIS) (Businesswire)
The Klein Law Firm announces the commencement of an investigation of OSI Systems Inc. (NASDAQ:OSIS) concerning possible violations of federal securities laws.
On December 6, 2017, Muddy Waters, LLC issued a research report alleging that OSI Systems “obtained a major turnkey contract in Albania through corruption.” In an interview with Bloomberg TV, Muddy Water’s Founder Mr. Block alleged the presence of “smoking-gun proof that, when this company got a turn-key contract a few years ago in Albania — worth $150-$250 million top line — that they paid a bribe or kickback of almost half of that concession. To me, this is damning evidence.” Following this news, shares of OSI Systems fell from a close of $84.07 on December 5, 2017, to a close of $59.52 per share on December 6, 2017.
If you suffered a loss in OSI Systems and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/OSIS-Info-Request-Form-232.
Joseph Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com
View source version on businesswire.com: http://www.businesswire.com/news/home/20171215005746/en/
The Klein Law Firm
Joseph Klein, Esq.
212-616-4899