SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of OSI Systems Inc. (OSIS)
NEW YORK, Jan. 28, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of OSI Systems Inc. ("OSI" or the "Company") (Nasdaq: OSIS). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at [email protected] or 212-697-6484.
The investigation concerns whether OSI Systems Inc. and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On January 27, 2016, OSI reported their second quarter revenue for the fiscal year of 2016 as $197 million, a 23% decrease compared to 2015's same period. The net income for the second quarter missed analyst expectations by $.41.
Following this news, OSI stock has dropped about 30% during early morning trading on January 28, 2016.
If you are aware of any facts relating to this investigation, or purchased shares of OSI, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/#!osis/zgqoj. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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