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American Science & Engineering, Inc. (NASDAQ:ASEI) Investor Investigation Over Potential Securities Laws Violations Announced

  • If you purchased shares of American Science & Engineering, Inc. (NASDAQ:ASEI), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
American Science & Engineering, Inc.
Security
NASDAQ: ASEI

Summary

February 11, 2016 (Update) - On February 8, 2016, American Science & Engineering, Inc. reported its financial results for the third quarter of fiscal year 2016 ended December 31, 2015.

Shares of American Science & Engineering, Inc. (NASDAQ:ASEI) declined to as low as $22.79 per share on February 11, 2016.

May 1, 2015 (Shareholders Foundation) - An investigation on behalf of investors of American Science & Engineering, Inc. (NASDAQ:ASEI) shares over potential securities laws violations by American Science & Engineering certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of American Science & Engineering, Inc. (NASDAQ:ASEI) concerning whether a series of statements by American Science & Engineering, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On May 22, 2014, American Science & Engineering, Inc. reported its results for the fourth quarter and fiscal year 2014.
American Science & Engineering, Inc. reported that its annual Total Revenue rose from $186.68 million for the 12 months period that ended on March 31, 2013 to $190.25 million for the 12 months period that ended on March 31, 2014 while its Net Income declined from $17.45 million for the 12 months period that ended on March 31, 2013 to $15.12 million for the 12 months period that ended on March 31, 2014.

Shares of American Science & Engineering, Inc. (NASDAQ:ASEI) declined from $72.89 per share in early 2014 to as low as $44.31 per share in November 2014.

On April 24, 2015, American Science & Engineering, Inc disclosed that on April 17, 2015, it received a subpoena from the Office of the Inspector General of the U.S. General Services Administration ('GSA'), relating to an investigation by the GSA and the Department of Defense of our compliance with the terms and conditions of American Science & Engineerings contractual arrangements with the GSA.

Shares of American Science & Engineering, Inc. (NASDAQ:ASEI) declined on April 27, 2015 to as low as $37.54 per share.

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