NEW YORK, March 13, 2025: WWolf Popper LLP is investigating potential claims on behalf of purchasers of OSI Systems, Inc. ("OSI") common stock (NASDAQ: OSIS).
OSI is a manufacturer of electronic screening and inspection systems.
Before the market opened on March 13, 2025, Culper Research published a short seller report on OSI entitledOSI Systems (OSIS): SEDENA Unwinds, DoJ Subpoenas Fly, Execs Wave Goodbye. The report alleges i) OSIS's Mexican revenues which grew from $23 million to $423 million "is largely an illusion" (total revenues in fiscal 2024 (June year-end) were $1.54 billion), and ii) OSIS has made "deliberately vague and misleading disclosures" about DOJ investigations into OSI. On this news, OSI's stock price fell $6.35 per share to $175.31, a drop of 3.5%.
Investors who lost over $50,000 trading in OSI common stock and who would like to discuss the investigation should contact Adam Savett at (212) 451-9655, or asavett@wolfpopper.com.
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Contact Instructions
Phone: Adam Savett - (212) 451-9655
Email: Outreach@wolfpopper.com