Shareholder Alert: Pomerantz LLP Investigates Claims That the Merger May Not Be in the Best Interest of Investors of American Science & Engineering, Inc. - ASEI

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") ASEI US (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.

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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