BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith 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.
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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to email@example.com, or visit our website at www.howardsmithlaw.com.
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