OSIS INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation on Behalf of OSI Systems Inc. Investors

Law Offices of Howard G. Smith continues its investigation on behalf of OSI Systems Inc. (“OSI” or the “Company”) (NASDAQ: OSIS) investors concerning the Company and its officers’ possible violations of federal securities laws.

On December 6, 2017, Muddy Waters Research published a report on OSI entitled “OSIS: Rotten to the Core.” Therein, Muddy Waters alleges that there was corruption in the 2013 award of OSI’s Albania concession. Muddy Waters claims that while the concession “has an estimated top line lifetime value of $150 million to $250 million,” OSI “likely bribed somebody by giving half of it away for $4.50” since “[t]here was an unannounced transfer of 49% of OSIS’s project company, S2 Albania SHPK, to a holding company owned by an Albanian doctor, for consideration of less than $5.00.” Muddy Waters also alleges that “investigators’ interviews with former employees yielded numerous anecdotes indicating OSIS is rotten to the core,” including “knowledge of improper sales, cash payments to government officials, fraud in a significant contract, and that OSIS had narrowly avoided being debarred from doing business with the U.S. government.”

On this news, the Company’s stock price fell $24.55 per share, or 29.2%, to close at $59.52 per share on December 6, 2017, on unusually heavy trading volume, thereby injuring investors.

If you purchased OSI securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171208005741/en/