Harwood Feffer LLP Announces Investigation of Online Resources Corp.
NEW YORK, Jan. 31, 2013
NEW YORK, Jan. 31, 2013 /PRNewswire/ --Harwood Feffer LLP (www.hfesq.com) is
investigating potential claims against the board of directors of Online
Resources Corp. ("ORCC" or the "Company") (NASDAQ: ORCC) concerning the
proposed acquisition of the Company by ACI Worldwide Inc. ("ACI") in a
transaction valued at approximately $126 million.
On January 31, 2013, ORCC announced that it had entered into a definitive
agreement pursuant to which the Company will be acquired by ACI. Under the
terms of the agreement, ORCC shareholders will receive $3.85 for each share of
Our investigation concerns whether the ORCC board of directors is fulfilling
its fiduciary duties, maximizing the value of the Company, disclosing all
material benefits and costs, and obtaining full and fair consideration for
If you own ORCC shares and wish to discuss this matter with us, or have any
questions concerning your rights and interests with regard to this matter,
Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Harwood Feffer has been representing individual and institutional investors
for many years, serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for
more information about the firm.
Attorney Advertising © 2013 Harwood Feffer LLP. The law firm responsible for
this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not
guarantee or predict a similar outcome with respect to any future matter.
SOURCE Harwood Feffer LLP
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