USAT INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of USA Technologies, Inc. Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Sep 11, 2018--Law Offices of Howard G. Smith announces an investigation on behalf of USA Technologies, Inc. (“USAT” or the “Company) (NASDAQ: USAT ) investors concerning the Company and its officers’ possible violations of federal securities laws.
On September 11, 2018, USAT announced that it will not file its Annual Report for the fiscal year ended June 30, 2018 by the September 13, 2018 deadline. The Company further stated that its Audit Committee is conducting an internal investigation related to certain of the Company’s contractual arrangements, including the accounting treatment, financial reporting, and internal controls related to the arrangements.
On this news, the Company’s share price fell approximately 33% during intraday trading on September 11, 2018, thereby injuring investors.
If you purchased USAT securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180911005759/en/
CONTACT: Law Offices of Howard G. Smith
Howard G. Smith, Esquire
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Law Offices of Howard G. Smith
Copyright Business Wire 2018.
PUB: 09/11/2018 02:56 PM/DISC: 09/11/2018 02:56 PM