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Orion Energy Systems, Inc. (NASDAQ:OESX) Investor Investigation Announced

  • If you purchased shares of Orion Energy Systems, Inc. (NASDAQ:OESX), 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
Orion Energy Systems
Security
NASDAQ: OESX

Summary

August 18, 2016 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Orion Energy Systems, Inc. (NASDAQ:OESX) was announced over potential breaches of fiduciary duties by certain officers and directors at Orion Energy Systems.

The investigation by a law firm concerns whether certain Orion Energy Systems officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Orion Energy Systems, Inc. reported that its Total Revenue declined from $72.21 million for the 12 months period that ended on March 31, 2015 to $67.64 million for the 12 months period that ended on March 31, 2016 and that its Net Loss for those respective time periods declined from $32.06 million to $20.13 million.

Shares of Orion Energy Systems, Inc. (NASDAQ:OESX) declined from $7.35 per share in early 2014 to as low as $1.04 per share on June 27, 2016,

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