January 23, 2017
A California federal judge on Monday approved OSI Systems Inc.'s deal imposing new corporate governance controls and paying $1.6 million in attorneys' fees to end a shareholder suit alleging the company covered up the problems caused when its airport body scanners showed passengers in the nude.
April 16, 2014
A disgruntled OSI Systems Inc. shareholder on Tuesday sued the security technology maker's board of directors, accusing them of misconduct that cost OSI $60 million in Transportation Security Administration contracts and threatened its ability to do business with the federal government again.