NEW YORK, March 12, 2013 /PRNewswire/ --
Asset Acceptance Capital Corp.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
Asset Acceptance Capital Corp. (NASDAQGS: AACC) ("Asset
Acceptance") to Encore Capital Group, Inc. ("Encore") in a cash and
stock transaction. Under the terms of the agreement, Encore
will acquire Asset Acceptance for $6.50 per share, which represents a total equity
value of approximately $200 million.
Asset Acceptance shareholders will have the option to receive
their consideration in cash or Encore stock or any combination of
cash and Encore stock, at their election, with the aggregate stock
consideration across all stockholders capped at 25 percent of the
total equity consideration to be received.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
Newport Bancorp, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
Newport Bancorp, Inc. (NASDAQGM: NFSB) ("Newport Bancorp") to SI
Financial Group, Inc. ("SI Financial") in a cash and stock
transaction. Under the terms of the merger agreement,
stockholders of Newport Bancorp will have the right to elect to
receive either $17.55 in cash or
1.5129 shares of SI Financial common stock in exchange for each
share of Newport Bancorp held by them, subject to proration
procedures so that 50 percent of the outstanding Newport Bancorp
common shares is converted into SI Financial common stock and the
balance is converted into the cash consideration.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
Hot Topic, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
Hot Topic, Inc. (NASDAQGS: HOTT) ("Hot Topic") to Sycamore Partners
in a cash transaction. Under the terms of the merger
agreement, Sycamore Partners will acquire Hot Topic for
$14.00 per share in cash, or a total
of approximately $600 million.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
AutoInfo, Inc.
Lifshitz Law Firm announces an investigation into possible
breaches of fiduciary duty in connection with the proposed sale of
AutoInfo, Inc. (OTCBB: AUTO) ("AutoInfo") to a subsidiary of an
investment fund managed by Comvest Partners for $1.05 per share in cash.
For more information about our investigation, please contact
Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or
by sending an e-mail including your contact information to:
info@jlclasslaw.com.
Lifshitz Law Firm is a New
York based law firm with significant experience representing
investors in merger-related shareholder class actions, shareholder
derivative actions, and securities fraud class actions. For
more information about the firm, please visit our website at
www.jlclasslaw.com.
ATTORNEY ADVERTISING. © 2013 Lifshitz Law
Firm. The law firm responsible for this advertisement is
Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 212-213-6222
Email: info@jlclasslaw.com
SOURCE Lifshitz Law Firm