August 24, 2015
OSI Systems Inc. has agreed to pay a proposed class of investors $15 million to settle allegations that it failed to disclose that the company’s Transportation Security Administration scanners showed subjects naked, according to a motion for preliminary approval in California federal court.
July 02, 2015
OSI Systems Inc. could be facing "thousands" of angry investors after an Arkansas retiree benefit fund asked a California federal judge on Tuesday for class certification in its lawsuit accusing OSI of failing to disclose that the company's Transportation Security Administration scanners showed subjects naked.