NEW YORK, June 22, 2016 /PRNewswire/ -- Pomerantz LLP is
investigating claims on behalf of investors of American Science
& Engineering, Inc. ("American Science" or the "Company")
(NASDAQ: ASEI) (ISIN: US02942291077) (CUSIP: 0294229107) concerning
the proposed acquisition of American by OSI Systems, Inc.
American Science shareholders seeking more information about
this acquisition are advised to contact Robert Willoughby at rswilloughby@pomlaw.com or
212-661-1100 or 888-476-6529, ext. 9980.
[Click here to join a class action]
The investigation concerns whether the American Science
directors are breaching their fiduciary duties by failing to
adequately maximize shareholder value. Under the terms of the
proposed transaction, American Science shareholders will receive
$37.00 per share in cash for each
share of American Science common stock held.
However, Total Assets, and Book Value are below the average of
comparable transactions, according to a Bloomberg
analysis.
Pomerantz LLP, with offices in New
York, Chicago, Florida, and Los
Angeles, is acknowledged as one of the premier firms in the
areas of corporate, securities, and antitrust class litigation.
Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the
Pomerantz LLP pioneered the field of securities class actions.
Today, more than 80 years later, the Pomerantz LLP continues in the
tradition he established, fighting for the rights of the victims of
securities fraud, breaches of fiduciary duty, and corporate
misconduct. The Firm has recovered numerous multimillion-dollar
damages awards on behalf of defrauded investors. See
www.pomerantzlaw.com.
CONTACT:
Robert
Willoughby
Pomerantz LLP
212-661-1100 ext. 9980
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP