Harwood Feffer LLP Announces Investigation of USA Technologies, Inc.

NEW YORK, Oct. 7, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of USA Technologies, Inc. ("USAT" or the "Company") (NASDAQ: USAT), concerning whether the board has breached its fiduciary duties to shareholders.

On September 29, 2015, the Company disclosed that it would be unable to timely file its Form 10-K for the fiscal year ended June 30, 2015 due to "deficiencies in both the design and operating effectiveness of the Company's internal control over financial reporting."  It has not been disclosed whether a financial restatement will be required.      

Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.

If you own USAT shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email:  bsachsmichaels@hfesq.com 
Website:   http://www.hfesq.com 
Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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