LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Net 1 UEPS Technologies, Inc. (“UEPS” or the “Company”) (NASDAQ: UEPS) investors concerning the Company and its officers’ possible violations of federal securities laws.
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On November 8, 2018, after the market close, UEPS disclosed that the Company’s consolidated financial statements for the year ended June 30, 2018 should no longer be relied upon, and indicated that they would be restated.
On this news, the Company’s share price fell $2.16 per share, or more than 30%, to close at $4.84 per share on November 9, 2018.
If you purchased UEPS securities, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles Linehan, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9224, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.
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