Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Net 1 UEPS Technologies, Inc.
09 Dezember 2019 - 11:36PM
Business Wire
Federman & Sherwood announces that on December 5, 2019, a
class action lawsuit was filed in the United States District Court
for the Southern District of New York against Net 1 UEPS
Technologies, Inc. (NASDAQ: UEPS). The complaint alleges violations
of federal securities laws, Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5, including
allegations of issuing a series of material or false
misrepresentations to the market which had the effect of
artificially inflating the market price during the Class Period,
which is September 12, 2018 through November 8, 2018.
To learn how to participate in this action, please visit
https://www.federmanlaw.com/blog/federman-sherwood-announces-the-filing-of-a-securities-class-action-lawsuit-against-net-1-ueps-technologies-inc/
Plaintiff seeks to recover damages on behalf of all Net 1 UEPS
Technologies, Inc. shareholders who purchased common stock during
the Class Period and are therefore a member of the Class as
described above. You may move the Court no later than Monday,
February 3, 2020 to serve as a lead plaintiff for the entire Class.
However, in order to do so, you must meet certain legal
requirements pursuant to the Private Securities Litigation Reform
Act of 1995.
If you wish to discuss this action, obtain further information
and participate in this or any other securities litigation, or
should you have any questions or concerns regarding this notice or
preservation of your rights, please contact:
Robin Hester FEDERMAN & SHERWOOD 10205 North Pennsylvania
Avenue Oklahoma City, OK 73120 Email to: rkh@federmanlaw.com Or,
visit the firm’s website at www.federmanlaw.com
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version on businesswire.com: https://www.businesswire.com/news/home/20191209005822/en/
Robin Hester FEDERMAN & SHERWOOD rkh@federmanlaw.com
www.federmanlaw.com
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