The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches
of Fiduciary Duty by the Board of Online Resources Corp. in Connection With
the Sale of the Company to ACI Worldwide, Inc. -- ORCC
NEW YORK, Feb. 7, 2013 (GLOBE NEWSWIRE) -- 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
Click here to learn how to join the action:
http://zlk.9nl.com/online-resources-orcc/, or call: 877-363-5972. There is no
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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
email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
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
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
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