NEW ORLEANS–(BUSINESS WIRE)–$USAT #USAT–Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney
General of Louisiana, Charles C. Foti, Jr., remind investors with large
financial interests that they have only until November 13, 2018
to file lead plaintiff applications in a securities class action lawsuit
against USA Technologies, Inc. (NasdaqGM: USAT). Investor losses must
relate to purchases of the Company’s securities between November 9, 2017
and September 11, 2018. This action is pending in the United States
District Court for the District of New Jersey.
What You May Do
If you purchased securities of USAT and would like to discuss your legal
rights and how this case might affect you and your right to recover for
your economic loss, you may, without obligation or cost to you, contact
KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email
or visit https://www.ksfcounsel.com/cases/nasdaqgm-usat/
to learn more. If you wish to serve as a lead plaintiff in this class
action by overseeing lead counsel with the goal of obtaining a fair and
just resolution, you must request this position by application to the
Court by November 13, 2018.
About the Lawsuit
On September 11, 2018, the Company disclosed pre-market that it would be
unable to timely file its Form 10-K annual report for the fiscal year
ended June 30, 2018 because it was “conducting an internal investigation
of current and prior period matters relating to certain of the Company’s
contractual arrangements, including the accounting treatment, financial
reporting and internal controls related to such arrangements.” On this
news, the price of USA Technologies’ shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis Kahn, 1-877-515-1850