The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Online Resources Corp. in Connection with the Sale of the Company to ACI Worldwide, Inc.
NEW YORK--(BUSINESS WIRE)--
Levi & Korsinsky is investigating the Board of Directors of Online
Resources Corp. (“Online Resources” or the “Company”) (NasdaqGS: ORCC)
for possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to ACI Worldwide, Inc.
(NasdaqGS: ACIW).
Click here to learn how to join the action: ,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Online Resources shareholders will
receive $3.85 for each share of Online Resources stock they own. The
investigation concerns whether the Online Resources Board of Directors
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before entering into this transaction and whether ACI
Worldwide, Inc. is underpaying for Online Resources shares, thus
unlawfully harming Online Resources stockholders. In particular, Online
Resources stock has a reported book value of $4.04 per share for the
most recent quarter.
If you own common stock in Online Resources and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or .
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky,
Esq. Tel: 212-363-7500 Toll Free: 877-363-5972 Fax:
866-367-6510 www.zlk.com
Press Release $ORCC Online Resources Corp.
NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky is investigating the Board of Directors of Online Resources Corp. (“Online Resources” or the “Company”) (NasdaqGS: ORCC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ACI Worldwide, Inc. (NasdaqGS: ACIW).
Click here to learn how to join the action: , or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Online Resources shareholders will receive $3.85 for each share of Online Resources stock they own. The investigation concerns whether the Online Resources Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether ACI Worldwide, Inc. is underpaying for Online Resources shares, thus unlawfully harming Online Resources stockholders. In particular, Online Resources stock has a reported book value of $4.04 per share for the most recent quarter.
If you own common stock in Online Resources and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or .
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 866-367-6510
www.zlk.com
Source: Levi & Korsinsky, LLP