1. Pomerantz LLP investigates possible securities fraud claims against OSI Systems. 2. Culper Research's report questions OSI's revenue growth in Mexico. 3. Allegations of misleading disclosures regarding DOJ investigations surfaced. 4. OSI's stock fell 3.5% following the report's publication. 5. Investors can join the class action against OSI's management.
The allegations of fraud and misleading disclosures are serious and can significantly erode investor confidence. Historical examples show that similar investigations often lead to prolonged stock price declines, as seen in cases like Enron and WorldCom.
The investigation's nature directly impacts OSI's reputation and stock value. The involvement of a notable firm like Pomerantz adds weight, indicating a serious risk to investors.
Investor sentiment can change quickly based on news; immediate reactions can overshadow long-term fundamentals. The recent drop indicates negative sentiment likely affecting OSIS in the near term.
Pomerantz LLP is investigating claims on behalf of investors of OSI Systems, Inc. ("OSI" or the "Company") (NASDAQ: OSIS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether OSI and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
Click here for information about joining the class action
On March 13, 2025, Culper Research published a short report on OSI entitled "OSI Systems (OSIS): SEDENA Unwinds, DoJ Subpoenas Fly, Execs Wave Goodbye." The report alleges, among other things, that OSI's reported growth in Mexico revenues is "largely an illusion" and accuses OSI of "downplaying" U.S. Department of Justice investigations into the Company by making "deliberately vague and misleading disclosures."
Following publication of the Culper Research report, OSI's stock price fell $6.35 per share, or 3.5%, to close at $175.31 per share on March 13, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980
SOURCE Pomerantz LLP