The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Online Resourc
February 07 2013 - 11:16AM
Levi & Korsinsky notifies investors of Online Resources Corp.
("Online Resources" or the "Company") (Nasdaq:ORCC) of claims of
breaches of fiduciary duty and other violations of state law
against the board of directors of the Company in connection with
the sale of the Company to ACI Worldwide, Inc. A complaint was
filed in Delaware state court.
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 claims concern 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
Online Resources Corp. (MM) (NASDAQ:ORCC)
Historical Stock Chart
From Nov 2024 to Nov 2024
Online Resources Corp. (MM) (NASDAQ:ORCC)
Historical Stock Chart
From Nov 2023 to Nov 2024