Market Overview

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of USA Technologies, Inc. (USAT)

Share:

SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of USA Technologies, Inc. (USAT)

PR Newswire

NEW YORK, Sept. 12, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of USA Technologies, Inc. ("USA Technologies" or the "Company") (NYSE:USAT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/usat.

Bronstein, Gewirtz & Grossman, LLC

The investigation concerns whether USA Technologies and certain of its officers and/or directors have violated federal securities laws.

On September 11, 2018, USA Technologies disclosed that it was unable to timely file its annual report on Form 10-K with the U.S. Securities and Exchange Commission for the fiscal year ended June 30, 2018, stating that it was "conducting an internal investigation of current and prior period matters relating to certain of the Company's contractual arrangements, including the accounting treatment, financial reporting and internal controls related to such arrangements."  On this news, USA Technologies' stock price fell $5.74 per share, or 39.87%, to close at $9.20 on September 11, 2018.

If you are aware of any facts relating to this investigation, or purchased USA Technologies shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/usat.  You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-usa-technologies-inc-usat-300711539.html

SOURCE Bronstein, Gewirtz & Grossman, LLC

View Comments and Join the Discussion!