Investigation in Progress — No Complaint Filed Yet
BG&G is actively investigating potential securities fraud claims against Lesaka Technologies, Inc.. If a complaint is filed, this page will be updated. Investors are encouraged to contact us now to preserve their rights.
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Lesaka Technologies, Inc. (“Lesaka” or “the Company”) (NASDAQ: LSAK). Investors who purchased Lesaka securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Lesaka has violated federal securities laws.
Investigation Details
On September 10, 2025, Lesaka announced in an SEC filing that the Audit Committee of its Board of Directors “concluded that the Company’s unaudited condensed consolidated financial statements for the quarters ended September 30, 2024, December 31, 2024, and March 31, 2025, respectively, included in the Company’s Quarterly Reports on Form 10-Q for the quarters ended September 30, 2024, December 31, 2024, and March 31, 2025, respectively (the “Quarterly Reports”), should be restated, and that such unaudited condensed financial statements should no longer be relied upon, due to the Company’s re-evaluation of the classification of certain revenue that has been reported as an agent rather than as principal, and related cost of goods sold.” Following this news, Lesaka’s stock dropped.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Lesaka securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
LSAK — Stock Performance
About Bronstein, Gewirtz & Grossman, LLC
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
“Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”