Net 1 UEPS Technologies, Inc. Loss Form

Company: Net 1 UEPS Technologies, Inc.

Ticker: (NASDAQGS) UEPS

Deadline

Passed

Lead Plaintiff Deadline: February 03, 2020

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Allegations

(1) the Company lacked effective internal control over financial reporting; (2) the Company had misclassified its investment in Cell C Proprietary Limited; (3) the Company’s financial statements for the fiscal year 2018 were overstating its income; and (4) as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.