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, Feb. 4, 2013 /PRNewswire/ -- 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).
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Click here to learn how to join the action:
http://zlk.9nl.com/online-resources-orcc/, 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 http://zlk.9nl.com/online-resources-orcc/.
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.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
SOURCE Levi & Korsinsky, LLP