SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Commencement of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Net 1 UEPS Technologies, Inc. -- UEPS

NEW YORK, Nov. 16, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of Net 1 UEPS Technologies, Inc. (NASDAQGS: UEPS) concerning possible violations of federal securities laws.

On November 8, 2018, Net 1 UEPS announced that it will restate its consolidated financial statements for the year ended June 30, 2018, included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2018, due to an accounting error. Following this news, shares of Net 1 fell from a close of $7.00 per share on November 8, 2018, to a close of $4.84 on November 9, 2018. To obtain additional information, go to:

https://www.zlk.com/pslra-1/net-1-ueps-technologies-inc-loss-form

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006           
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com