OSI Systems, Inc. Class Action Lawsuit - OSIS

The filed complaint alleges that OSI Systems, Inc. made materially false and/or misleading statements and/or failed to disclose that: On March 13, 2025, before the market opened, Culper Research published a short seller report on OSI entitled OSI 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. Following this news, OSI’s stock price fell over 3% on the same day.

In order to be eligible to join the OSIS class action lawsuit, you must have incurred a loss on shares of OSI Systems, Inc. purchased during the class period listed above.