Block & Leviton LLP Is Investigating OSI Systems, Inc. (OSIS) For Violations Of The Federal Securities Laws After SEC AND DOJ Probes Are Revealed
BOSTON, Feb. 1, 2018 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether OSI Systems, Inc. ("OSI" or the "Company") (NASDAQ: OSIS) and certain of its officers and directors violated federal securities laws and encourages shareholders to contact the firm.
On February 1, 2018, OSI disclosed that following a recent report alleging that OSI had engaged in bribery and accounting improprieties, the U.S. Securities and Exchange Commission commenced an investigation into "the Company's compliance with the Foreign Corrupt Practices Act." OSI further disclosed that the U.S. Department of Justice "has also said it intends to request information regarding FCPA compliance matters."
On this news, the Company's stock has plummeted nearly 20%, causing tens of millions of dollars in losses to investors.
If you purchased or otherwise OSI securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney Bradley Vettraino at (617) 398-5600, by email at [email protected], or by visiting www.blockesq.com/osi.
Confidentiality to whistleblowers or others with information relevant to this investigation is assured.
Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.
This notice may constitute attorney advertising.
CONTACT:
Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
(617) 398-5600
[email protected]
SOURCE Block & Leviton LLP
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