BOSTON, April 27, 2015 /PRNewswire/ -- Block &
Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors
nationwide, is investigating possible securities law violations by
American Science & Engineering, Inc. ("American Science" or the
"Company") (NASDAQ: ASEI), a manufacturer of x-ray equipment and
related technologies. The investigation concerns whether American
Science and certain of its officers and/or directors have violated
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934
and/or breached their fiduciary duties to American Science's
shareholders.
On April 24, 2015, American
Science announced in a Form 8-K filed with the SEC that, "[o]n
April 17, 2015, we 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 our contractual
arrangements with the GSA."
On this news, shares of American Science fell $4.17, or 8.44%, to close at $45.25 on April 24,
2015. Since that time, American Science shares have
continued to fall.
Block & Leviton's investigation seeks to determine, among
other things, whether American Science or its officers and
directors have violated the federal securities laws and/or breached
their fiduciary duties to their investors. If you have any
information relevant to this investigation, or if you have
purchased American Science securities and have questions about your
legal rights, please contact attorney Mark
A. Delaney of Block & Leviton LLP at (617) 398-5600 or
email him at Mark@blockesq.com.
Confidentiality to whistleblowers or others with information
relevant to the investigation is assured.
This notice may constitute attorney advertising.
Contact: BLOCK & LEVITON LLP
Mark A. Delaney
(617) 398-5600
Mark@blockesq.com
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SOURCE Block & Leviton LLP