ASEI ALERT: Law Firm of Wohl & Fruchter LLP Investigating American Science & Engineering Inc.

NEW YORK--(BUSINESS WIRE)--

The law firm of Wohl & Fruchter LLP is investigating possible violations of federal securities laws by officers and directors of American Science & Engineering Inc. (American) ASEI.

American manufactures and sells X-ray inspection and other detection products for homeland security and related applications. Domestically, American's primary client is the U.S. government.

On April 24, 2015, American announced that, a week earlier, it had received a subpoena from the U.S. General Services Administration (GSA), relating to an investigation by the GSA and the Department of Defense of American's compliance with the terms of its contractual arrangements with the GSA.

Upon the above news, ASEI shares fell over 8% in trading on April 24, 2015.

Persons with relevant information, and ASEI shareholders with questions about this investigation, are invited to contact the attorney below, or our Firm by calling 866.833.6245.

Additional information is available on our website at: http://www.wohlfruchter.com/cases/asei.

About Wohl & Fruchter

Wohl & Fruchter LLP represents plaintiffs in litigation arising from fraud and other fiduciary breaches by corporate managers, as well as other complex litigation matters. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.

This release may be deemed to constitute attorney advertising.

Wohl & Fruchter LLP
J. Elazar Fruchter
Toll Free: 866-833-6245
jfruchter@wohlfruchter.com
www.wohlfruchter.com

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!