INVESTOR ALERT: Wites Law Firm& ANNOUNCES INVESTIGATION OF INVESTOR LOSSES IN NET 1 UEPS TECHNOLOGIES, INC., AND CLASS ACTION LAWSUIT
January 7, 2014 - MarcWites
Then, on November 29, 2013, the Company announced that the South African Constitutional Court ruled that the tender process followed by the SASSA in awarding a contract to Net 1’s wholly owned subsidiary Cash Paymaster Services (Proprietary) Limited (“CPS”) was constitutionally invalid. Following this news, shares of Net 1 declined by $3.34 per share, nearly 29%, to close at $8.19 per share on November 29, 2013, again on unusually heavy trading volume.
If you are an investor who purchased Net 1 stock you may have a legal claim against the Company and could serve as the lead plaintiff in a class action lawsuit. If you are interested in being the lead plaintiff, or would like to speak with an attorney about your legal rights, contact the attorneys at Wites Law Firm by email at firstname.lastname@example.org or toll-free at 1 (866) 277-8631.