Pomerantz Law Firm Launches Investigation Into Lesaka Technologies, Inc. on Investor Claims

Recently Announced Investigation of Lesaka Technologies

On October 13, 2025, the Pomerantz Law Firm announced it is investigating claims on behalf of investors regarding Lesaka Technologies, Inc. (NASDAQ: LSAK). The firm is urging investors who may have been affected to reach out for assistance.

Context of the Investigation

The investigation stems from revelations made by Lesaka Technologies in a filing to the U.S. Securities and Exchange Commission (SEC) on September 10, 2025. The company's Audit Committee determined that the financial statements presented for the quarters ending September 30, 2024, December 31, 2024, and March 31, 2025, contained significant inaccuracies. Specifically, the audit indicated that revenue was misclassified; revenues reported as from an agent should instead have been recorded as from a principal, thus requiring restatement. This misclassification has drawn scrutiny over the company's financial practices and compliance with regulatory standards.

Stock Impact and Investor Concerns

The immediate effect of this announcement on Lesaka’s stock was notable—the share price plummeted by $0.48, marking a decline of 10.15% to close at $4.25 the day after the news broke. Such a significant drop raises concerns among investors regarding the transparency and reliability of the company's financial disclosures, leading to fears of broader implications on their investments.

Pomerantz’s Role and Commitment

Pomerantz LLP, known for its focus on corporate, securities, and antitrust class litigation, has been at the forefront of advocating for investors’ rights. Founded more than 85 years ago, the firm has carved out a reputation for holding corporations accountable for misconduct, particularly in securities fraud cases. Thus, their involvement in investigating Lesaka Technologies signifies a serious concern for shareholder rights and the integrity of financial reporting within the company.

The firm is keen to establish whether Lesaka and its officers have engaged in any form of securities fraud or other illegal practices that may have harmed investors. Individuals who might have claims are encouraged to get in touch with Danielle Peyton at Pomerantz, either via email at [email protected] or by phone at 646-581-9980, extension 7980.

Conclusion

The ongoing investigation by Pomerantz Law Firm highlights the vital role that investor advocacy plays in maintaining market integrity. Following the financial irregularities revealed by Lesaka Technologies, there is an increasing demand for accountability among public companies, especially concerning claims that may arise from potential investor harm. Investors are advised to remain informed and proactive in protecting their rights as shareholders, especially during uncertain periods such as these.

For more information about the ongoing investigation and to determine whether you qualify to join any related claims against Lesaka Technologies, please continue following the updates from Pomerantz LLP.