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Shares of Net 1 UEPS Technologies (UEPS -60.7%) plunge on news the Department of Justice...

Shares of Net 1 UEPS Technologies (UEPS -60.7%) plunge on news the Department of Justice and FBI are investigating the company over possible bribes to the South African government in connection with a contract for social welfare and benefits payments. In an SEC filing, UEPS says the probe is tied to statements it made in its regulatory filings regarding the contract.
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