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OSI Systems Securities Litigation

877-999-1997

This official website is maintained by the Court-authorized Claims Administrator supervised by Lead Counsel in the action entitled Longo, et al. v. OSI Systems, Inc., et al., Case No. 2:17-cv-08841-FMO-SKx (the “Action”), pending in the United States District Court for the Central District of California.

OSI Systems Securities Settlement

All persons and entities who purchased or otherwise acquired OSI common stock or 1.25% convertible senior notes due 2022 between August 21, 2013 and February 1, 2018 inclusive, and were damaged thereby.

The information contained on this web page is only a summary of the information presented in more detail in the Notice of (I) Pendency of Class Action and Proposed Settlement; (II) Final Approval Hearing; and (III) Motion for Attorneys’ Fees and Litigation Expenses (the “Notice”), which you can access by clicking here. Since this web page is just a summary, you should review the Notice for additional details.

Please be advised that Court-appointed Lead Plaintiff Arkansas Teacher Retirement System (“Lead Plaintiff”), on behalf of itself, named plaintiff John A. Prokop, and the Settlement Class, and Defendants OSI Systems, Inc. (“OSI”), Deepak Chopra, Alan Edrick, and Ajay Mehra (collectively, “Defendants”) have reached a proposed settlement of the Action for $12,500,000 in cash (“Settlement”).

The Settlement Class consists of:

All persons and entities who purchased or otherwise acquired OSI common stock or 1.25% convertible senior notes due 2022 between August 21, 2013 and February 1, 2018 inclusive, and were damaged thereby.

Excluded from the Settlement Class are certain persons and entities (see paragraph 24 of the Notice) or those who request exclusion pursuant to the instructions set forth in the Notice (see paragraphs 47 to 50 of the Notice).

If you are a member of the Settlement Class, your legal rights will be affected whether you act or do not act. Please read the Notice to fully understand your rights and options.

If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment from the Settlement, you must submit a Claim Form (with the required supporting documentation) postmarked (if mailed), or online via this website, no later than May 11, 2022..

Payments to eligible claimants will be made only after approval of the Settlement and the completion of all claims processing. Please be patient, as this process will take some time to complete.

If you have questions, you may call the OSI Systems Securities Settlement Help Line at 1-877-999-1997 or email info@OSISystemsSecuritiesSettlement.com.

YOUR LEGAL RIGHTS AND OPTIONS IN THE SETTLEMENT
Description Due Date

File A Claim Form


The deadline to file a Claim has passed.

Exclude Yourself From The Settlement Class

The deadline to exclude yourself from the Settlement Class has passed.

Object To The Settlement

The deadline to object has passed.

Settlement Hearing

The Settlement Hearing took place on May 12, 2022.