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/
Contacts:
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
brian@lundinlaw.com
www.LundinLawPC.com
