SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Official Payments Holdings, Inc. Buyout
26 Settembre 2013 - 4:56PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Official
Payments Holdings, Inc. (NASDAQ GM: OPAY)?
- Did you purchase any of your shares
prior to September 23, 2013?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Official
Payments Holdings, Inc. (“Official Payments” or the “Company”)
(NASDAQ GM: OPAY) regarding possible breaches of fiduciary duties
and other violations of law related to the Company’s entry into an
agreement to be acquired by ACI Worldwide, Inc. (“ACI”) (NASDAQ GS:
ACIW) in a transaction valued at approximately $109 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/official-payments-holdings-inc-opay.
Under the terms of the agreement, public shareholders of
Official Payments will receive $8.35 per share in cash for each
share of Official Payments they own.
The investigation concerns whether Official Payments’ board of
directors failed to adequately shop the Company and obtain the best
possible value for Official Payments’ shareholders before entering
into an agreement with ACI. According to Yahoo! Finance, at least
one analyst has set a price target for Official Payments stock at
$10.00 per share.
If you own the common stock of Official Payments and purchased
your shares before September 23, 2013, if you have information or
would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Seth Rigrodsky or Shaye Fuchs at Rigrodsky
& Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City,
New York 11530, by telephone at (888) 969-4242; by e-mail to
info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/official-payments-holdings-inc-opay.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth RigrodskyShaye
Fuchs888-969-4242516-683-3516Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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