NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of purchasers of the securities of OSI Systems, Inc. (NASDAQ:OSIS) resulting from allegations that OSI Systems may have issued materially misleading business information to the investing public.
On December 6, 2017, Muddy Waters Research published a report stating that OSI Systems “is rotten to the core” and “believe[s] [OSI Systems] obtained a major turnkey contract in Albania through corruption.” The report further stated that “[f]ormer employees’ statements support our view that OSIS is rotting from the inside.” On this news, shares of OSI Systems fell sharply during intraday trading on December 6, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by OSI Systems investors. If you purchased shares of OSI Systems, please visit the firm’s website at http://www.rosenlegal.com/cases-1252.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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