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Net 1 Ueps Technologies Inc. (UEPS) Investigated by DOJ

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UEPS Technologies (UEPS) Ties SEC/ DOJ Investigation to Competitor AllPay

December 5, 2012 10:21 AM EST

Shares of Net 1 UEPS Technologies Inc. (NASDAQ: UEPS) declined 59 percent yesterday after the company made public disclosure that it had received letters from the Securities and Exchange Commission and the U.S. Department of Justice, Criminal Division for suspected violations related to Foreign Corrupt Practices Act and a scheme to make corrupt... More