WeissLaw LLP Investigates Online Resources Corp. Acquisition
NEW YORK -- January 31, 2013
WeissLaw LLP, a national class action and shareholder rights law firm with
offices in New York City and Los Angeles, is investigating possible breaches
of fiduciary duty and other violations of law by the Board of Directors of
Online Resources Corp. (“Online Resources” or the “Company”) (NASDAQ: ORCC)
arising from its agreement for Online Resources to be acquired by ACI
Worldwide Inc. (“ACI Worldwide”) in an all-cash transaction valued at
approximately $263 million, which includes the redemption of Online Resources
preferred stock. Under the terms of the proposed transaction ACI Worldwide
will buy all outstanding Online Resources’ stock for $3.85 per share.
WeissLaw LLP is investigating whether Online Resources’ Board acted in the
best interests of its public shareholders by actively shopping the Company to
maximize shareholder value for Online Resources’ public shareholders, prior to
entering into the proposed transaction with ACI Worldwide. If you own Online
Resources shares and would like more information about your rights as a
shareholder or additional information concerning our investigation, please
contact Kelly C. Keenan either by telephone at (888) 593-4771 or by email at
WeissLaw LLP has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have recovered
over a billion dollars for defrauded institutions and individuals and obtained
important corporate governance in these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing (including
insider trading, waste of corporate assets, accounting fraud, or issuing
materially misleading information), consumer fraud (including false
advertising, defective products, or other deceptive business practices), or
anti-trust violations, please email us at firstname.lastname@example.org or fill out the
form on our website, http://www.weisslawllp.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
Kelly C. Keenan
1500 Broadway, 16^th Floor
New York, NY 10036
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