Core Viewpoint - OSI Systems, Inc. is under investigation for potential securities fraud and unlawful business practices following allegations made in a short report by Culper Research, which claims that the company's reported revenue growth in Mexico is misleading and that it has downplayed investigations by the U.S. Department of Justice [1][2]. Group 1: Investigation and Allegations - Pomerantz LLP is investigating claims on behalf of OSI investors regarding possible securities fraud or unlawful business practices by the company and its officers [1]. - Culper Research's report alleges that OSI's growth in Mexico revenues is "largely an illusion" and criticizes the company for vague disclosures about ongoing investigations by the U.S. Department of Justice [2]. - Following the release of the report, OSI's stock price decreased by $6.35, or 3.5%, closing at $175.31 per share on March 13, 2025 [2]. Group 2: Company Background - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [3]. - The firm has a legacy of recovering multimillion-dollar damages for class members, continuing the tradition established by its founder, Abraham L. Pomerantz [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of OSI Systems, Inc. - OSIS