#United States #New York #Securities Fraud #Pomerantz LLP #Lesaka Technologies

Pomerantz Law Firm Investigates Lesaka Technologies

Pomerantz LLP, a distinguished law firm with a long-standing reputation in corporate and securities litigation, is currently looking into claims on behalf of investors of Lesaka Technologies, Inc. (NASDAQ: LSAK). The focus of this investigation is whether Lesaka and some of its executives or board members engaged in securities fraud or violated other business regulations.

On September 10, 2025, Lesaka Technologies filed a report with the U.S. Securities and Exchange Commission (SEC), revealing that its Audit Committee determined the need to restate its unaudited condensed consolidated financial statements. This decision applies to the financial reports for the quarters that ended on September 30, December 31, 2024, and March 31, 2025. The restatement stems from the company's re-evaluation of specific revenue classifications that were reported inaccurately. Instead of being recorded as principal instead of an agent, these revenues led to related discrepancies in the cost of goods sold.

As a direct outcome of this disclosure, the stock price of Lesaka experienced a notable decline, plummeting by $0.48 per share or 10.15%, closing at $4.25 on September 11, 2025. Such significant fluctuations in stock value often prompt investigations like those initiated by Pomerantz LLP, indicating potential violations of securities laws that could harm investors.

Investors are encouraged to contact Pomerantz LLP if they have been affected by the fallout from these revelations. The investigation aims to uncover the depth of the issues and ensure that investors are informed and have the opportunity to seek recourse if necessary.

Pomerantz LLP is widely recognized as a leader in corporate litigation, particularly in the realm of class action suits related to securities fraud. The firm was established by Abraham L. Pomerantz, often referred to as a pioneer in this field. Since its inception over 85 years ago, Pomerantz has focused on protecting the rights of those victimized by corporate misconduct and securities fraud.

With offices in major cities, including New York, Chicago, and Los Angeles, Pomerantz continues its commitment to fighting for victims of financial wrongdoing, having achieved numerous multimillion-dollar settlements for investor groups affected by improper practices.

For investors who wish to participate in potential legal actions against Lesaka or seek more information about their rights, Pomerantz LLP has designated Danielle Peyton as the contact person for inquiries. Interested parties can reach out via email or phone for guidance and support.

This situation highlights the importance for investors to remain vigilant about their investments and aware of any financial indicators that may suggest beneath-the-surface issues, particularly when substantial financial restatements are disclosed.

As the investigation develops, further updates will be provided by Pomerantz LLP, ensuring investors stay informed about the legal proceedings and their implications regarding Lesaka Technologies' future and the legitimacy of its business practices. Continuing engagement from the investor community will be crucial as these legal matters evolve, potentially setting precedents for how such issues are handled in the financial markets.