NEW YORK, Feb. 7, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of holders of OSI Systems, Inc. ("OSI" or the "Company") (Nasdaq:OSIS) securities between January 24, 2012 and December 6, 2013.
For more information, click here: http://zlk.9nl.com/osi-systems-osis.
The complaint alleges that throughout the Class Period, OSI misrepresented and/or failed to disclose that: (a) the Company manipulated an operational test of its Advanced Imaging Technology, causing the test to be unrepresentative of the scanners already in use at airports; (b) the Company's products raised concerns of privacy and were subject to disqualification for use in airport security checkpoints; and (c) the Company manufactured its products with parts that directly violated contracts with the Transportation Security Administration.
If you suffered a loss in OSI you have until February 10, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/osi-systems-osis.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.comSource:Levi & Korsinsky, LLP