2:17cv8841 • December 7, 2017
Class Period Start
August 21, 2013
Class Period End
May 2, 2018
PSLRA Deadline
February 5, 2018
Case Allegations
10b5
Statutes of Repose
Aug 21, 2016
Country
United States
Court
Federal Court
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
May 11, 2022
Settlement Fund
$12,500,000
Settlement Status
Disbursed
Settlement Class
All persons or entities that purchased or otherwise acquired OSI Systems, Inc. (“OSI”) common stock or 1.25% convertible senior notes due 2022 between August 21, 2013 and February 1, 2018, inclusive.
Claim Administrator
Longo, et al. v. OSI Systems, Inc., et al. c/o A.B. Data, Ltd.
P.O. Box 173136
Milwaukee, WI 53217
+1 877-999-1997
[email protected]
Settlement Website
http://www.osisystemssecuritiessettlement.com/Hearing Date
May 12, 2022
Opt-out Deadline
March 28, 2022
Settlement Note
Download hereProof Of Claim
Download here
Nov 1, 2024
The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.
Aug 31, 2022
The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.
Jan 18, 2022
To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.
Dec 30, 2021
Preliminary Approval of Settlement
The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.
Oct 22, 2021
Sep 10, 2021
Mar 31, 2021
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Mar 26, 2020
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 11, 2020
The court has denied the defendants' request to dismiss the lawsuit. The case can now move forward to the next stage of litigation.
Jul 24, 2019
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Jun 13, 2019
A new complaint has been filed on behalf of certain investors in OSI SYSTEMS INC. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.
May 7, 2019
The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.
Jul 3, 2018
After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.
Mar 1, 2018
The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.
Dec 7, 2017
A securities fraud class action complaint has been filed on behalf of certain investors in OSI SYSTEMS INC.
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