NEW YORK–(BUSINESS WIRE)–$UEPS #classaction–The law firm of Kirby
McInerney LLP is investigating potential claims against Net 1 UEPS
Technologies, Inc. (“Net 1 UEPS” or the “Company”) (NASDAQ:UEPS).
This investigation concerns whether Net 1 UEPS has violated federal
securities laws and/or engaged in other unlawful business practices.
On November 8, 2018, during aftermarket hours, Net 1 UEPS announced that
it will restate its financial earnings for the year ended June 2018 due
to an accounting error related to its investment in Cell C Proprietary
On this news, the price of Net 1 UEPS shares fell $2.16, or about 30.8%,
to close at $4.84 on November 9, 2018.
If you purchased or otherwise acquired Net 1 UEPS securities, have
information, or would like to learn more about these claims, please
W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at email@example.com,
or by filling out this
contact form, to discuss your rights or interests with respect to
these matters without any cost to you.
McInerney LLP is a New York-based plaintiffs’ law firm concentrating
in securities, antitrust, and whistleblower litigation. The firm’s
efforts on behalf of shareholders in securities litigation have resulted
in recoveries totaling billions of dollars. Additional information about
the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.