IMPORTANT INVESTOR ALERT: Lundin Law PC Announces Ongoing Investigation of USA Technologies, Inc. & Strongly Encourages Share...
November 26 2015 - 9:05PM
Business Wire
Lundin Law PC announces it is investigating claims against USA
Technologies, Inc. (“USA Technologies” or the “Company”) (Nasdaq:
USAT) concerning possible violations of federal securities laws
between September 29, 2014 and September 29, 2015. The
investigation is related to allegations that certain statements
issued by USA Technologies were false and misleading concerning the
Company’s financial performance.
To participate in this class action lawsuit, please contact
Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via
email at brian@lundinlawpc.com.
The investigation will focus on whether the Company made false
and/or misleading statements and/or failed to disclose that: (1)
there were significant deficiencies in both the design and
operating effectiveness of USA Technologies’ internal control over
financial reporting; (2) the combined deficiencies represented a
material weakness in internal control; (3) due to these
deficiencies, USA Technologies’ procedures failed to identify a
large number of uncollectible small balance accounts; and (4) as a
result, USA Technologies’ public statements were materially false
and misleading at all relevant times.
No class has been certified in the above action. Until a class
is certified, you are not considered represented by an attorney.
You may also choose to do nothing and be an absent class
member.
Lundin Law PC was created by Brian Lundin, a securities
litigator based in Los Angeles.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151126005536/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlaw.comwww.LundinLawPC.com
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