UEPS ALERT: ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2022
64
UEPS ALERT: ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Reminds Net 1 UEPS Technologies, Inc. Investors of Important Deadline in Securities Class Action – UEPS

NEW YORK, Jan. 18, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) between September 12, 2018 and November 8, 2018, inclusive (the “Class Period”) of the important February 3, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for UEPS investors under the federal securities laws.

To join the UEPS class action, go to http://www.rosenlegal.com/cases-register-1738.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the Company lacked effective internal control over financial reporting; (2) the Company had misclassified its investment in Cell C Proprietary Limited; (3) the Company’s financial statements for the fiscal year 2018 overstated its income; and (4) as a result, UEPS’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 3, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1738.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com .

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ .

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:       Laurence Rosen, Esq.       Phillip Kim, Esq.       The Rosen Law Firm, P.A.       275 Madison Avenue, 40th Floor       New York, NY 10016       Tel: (212) 686-1060       Toll Free: (866) 767-3653       Fax: (212) 202-3827       lrosen@rosenlegal.com       pkim@rosenlegal.com       cases@rosenlegal.com       www.rosenlegal.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Vobile Teams Up with UNN for AI Factories in Brunei

Updated Category News Views 4

Delving into Vobile's Latest Strategic Move Vobile, a heavyweight in digital content protection based out of Santa Clara, California, has hit the headlines with a new venture. They've inked a strategic cooperation and commercial agreements with Unified National Networks (UNN) of Brunei Darussalam to construct AI factories. This ain't your run-of-the-mill news, folks. It's...

Continue Reading
Actinium Pharma Unveils Plans at Key Investor Conference

Updated Category News Views 2

Actinium Pharmaceuticals Steps into the Spotlight Alright, folks, here we have Actinium Pharmaceuticals, Inc. gearing up to make some noise at the H.C. Wainwright 28th Annual Global Investment Conference. This isn't just any roadshow—it's a chance to showcase the kind of pioneering work they're doing in targeted radiotherapies. With Sandesh Seth, the Chairman, taking...

Continue Reading
ASU Teams Up for National Manufacturing Workforce Push

Updated Category News Views 2

ASU's Role in Reviving American Manufacturing The Foundry School is a big hit for Arizona State University (ASU) as it joins hands with seven other top-tier universities under the U.S. Departments of State and Labor's initiative. This project is all about sculpting the future players of American manufacturing. In a scene highlighted by the Vice President and girded by...

Continue Reading
ToolDance X1 CNC Mill Unveils at IFA 2026

Updated Category News Views 1

IFA 2026 Reveals a Game Changer: ToolDance X1 Listen up, because ToolDance just threw a curveball into the CNC world with the launch of their X1 Smart Desktop CNC Mill at the IFA 2026 in Berlin. This isn't just another gadget—it's a real player aiming to bring manufacturing muscle right to your desktop. Will Wang, the genius behind ToolDance, wants to democratize CNC...

Continue Reading
Local Climate Resilience Gains Urgency in the Southwest

Updated Category News Views 1

Local Impact Means Taking Climate Change Personally If you haven't felt it yet, you will. Climate change isn't just a global headline anymore—it's a daily reality that’s reshaping life where you stand. David W. DuBois, New Mexico's top climatologist, is sounding the alarm this time on the new Net Zero Speaks episode, saying it's on us to use local climate knowledge to...

Continue Reading
TriStar Bank Community Room: A Space for Growth

Updated Category News Views 2

Building Bridges Through Community Investment Well, ain't this something? Columbia, Tennessee, just got a splash of fresh air. We're talking about the new Southern Regional Technology Center nested in Columbia State Community College. Now, the name on everyone's lips? The TriStar Bank Community Room. But it ain't just about a name plastered up on a wall inside a shiny...

Continue Reading
Consumer365 Lauds Happy Head's Custom Hair Treatments

Updated Category News Views 2

Revolutionizing Hair Loss Treatment The world of hair growth solutions is transforming right before our eyes. Thanks to the folks over at Happy Head and their customizable, dermatologist-prescribed treatments, the days of one-size-fits-all are ending. Consumer365 recently took a dive into Happy Head's model, giving their nod of approval to its personalized approach....

Continue Reading
AI: Game-Changer for IT Budgets & Productivity Gains

Updated Category News Views 4

AI's Potential to Transform IT Operations You ever feel like IT departments are just stuck on repeat, burning through cash and time just to keep the lights on? It's a common gripe, and Info-Tech Research Group's latest blueprint drives this home, highlighting that routine IT chores eat up a staggering 83% of budgets and 66% of staff's ticking hourglass. Now, who wouldn't...

Continue Reading
Affleck Joins Aflac in Unlikely Yet Fitting Alliance

Updated Category News Views 0

A Partnership Born from a Punning Connection Look, in this world of insurance and Hollywood glitz, it's not every day you see Ben Affleck sharing the screen with a talking duck. But here we are. Aflac—the giant in supplemental health insurance—and Ben Affleck have cozied up for a series of ads under Affleck’s direction, breathing life into what started as nothing...

Continue Reading
Planes Moving Seizing Growth in Cincinnati-Dayton Corridor

Updated Category News Views 4

Strategic Movements in the Logistics Arena Putting wheels to brilliant moves, Planes Moving & Storage of Dayton is tweaking its operations with a big change in scenery—expect the dynamics in the Cincinnati-Dayton corridor to really start popping. Now, if you’ve ever skimmed the logistics world, you know it’s a place where shuffles can be seismic, and relocating...

Continue Reading

Top 5 Most Recently Viewed Articles

AAON Expands Board and Welcomes New Leadership Initiative

Updated Category News Views 195

AAON Expands Board Size and Appoints New Director AAON, Inc. (NASDAQ: AAON), a leader in high-performance and energy-efficient HVAC solutions, has announced a significant enhancement to its Board of Directors. The company has increased the board size from eight to nine members and appointed Dr. Matt J. Tobolski as the new director. This change reflects AAON's commitment...

Continue Reading
Market Resilience: Insights on Recent Trading Dynamics

Updated Category News Views 103

Understanding the Year-End Market Movement The financial markets are like a marathon runner reaching the final stretch, and it seems they have found renewed energy. Initially, there was a sense of fatigue related to AI investments, but this evolved into a remarkable surge as traders approached the year's end. The last active trading week displayed a unique convergence of...

Continue Reading
Fredonia Mining Explains Share Consolidation and Financing Plan

Updated Category News Views 72

Latest Updates from Fredonia Mining Inc. Fredonia Mining Inc. (TSXV: FRED) has recently announced some exciting news about its financial strategies. The company is preparing to launch a private placement financing, aiming to raise up to $1,000,000. This initiative demonstrates a strong dedication to boosting its exploration efforts and fits right into its long-term growth...

Continue Reading
Karla R Lewis Divests $9.36 Million in Reliance Stock

Updated Category News Views 202

Karla R Lewis Divests $9.36 Million in Reliance Stock A notable insider transaction has caught the attention of investors and analysts alike. Recently, Karla R Lewis, who holds the position of President at Reliance (RS), made the decision to sell a considerable number of shares. This sale involved offloading 31,136 shares, totaling a significant $9.36 million according to...

Continue Reading
Investigation on Maravai LifeSciences Sparks Investor Interest

Updated Category News Views 125

Understanding the Investigation of Maravai LifeSciences Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI), known for its innovations in genomic technology, is currently under investigation by the law firm Bragar Eagel & Squire, P.C. This firm is looking into potential claims that may concern federal securities law violations or other unlawful business practices related...

Continue Reading