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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of AutoInfo, Inc. - AUTO



    SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of
                      Investors of AutoInfo, Inc. - AUTO

PR Newswire

NEW YORK, March 1, 2013

NEW YORK, March 1, 2013 /PRNewswire/ -- Pomerantz Grossman Hufford Dahlstrom &
Gross LLP is investigating claims on behalf of investors of AutoInfo, Inc.
("AutoInfo" or the "Company") (OTCBB: AUTO) (ISIN: US0527771093) (CUSIP:
052777109) concerning the proposed acquisition of AutoInfo, Inc. by AutoInfo
Holdings, LLC, a subsidiary of Comvest Investment Partners IV, L.P., one of
the investment funds managed by Comvest Partners.

The investigation concerns whether the AutoInfo directors are breaching their
fiduciary duties by failing to adequately shop the Company and maximize
shareholder value.  Under the terms of the agreement, AutoInfo shareholders
will be entitled to receive $1.05 per share in cash for each share of AutoInfo
common stock.   However, the price to EBIT and Revenue multiples are below
those of comparable transactions. 

AutoInfo shareholders seeking more information about this acquisition are
advised to contact Robert Willoughby at rswilloughby@pomlaw.com or
212-661-1100 or 888-476-6529, ext. 237.

The firm is also investigating actions on behalf of shareholders for the
following companies: Arbitron Inc., Net1 Ueps Technologies, Inc., Universal
Technical Institute, Inc., Telanetix, Inc., Somerset Hills Bancorp, BioClinica
Inc., and Assisted Living Concepts, Inc.

The Pomerantz Firm, with offices in New York, Chicago and San Diego, is
acknowledged as one of the premier firms in the areas of corporate,
securities, and antitrust class litigation. Founded by the late Abraham L.
Pomerantz, known as the dean of the class action bar, the Pomerantz Firm
pioneered the field of securities class actions. Today, more than 75 years
later, the Pomerantz Firm continues in the tradition he established, fighting
for the rights of the victims of securities fraud, breaches of fiduciary duty,
and corporate misconduct. The Firm has recovered numerous multimillion-dollar
damages awards on behalf of defrauded investors. See www.pomerantzlaw.com.

SOURCE Pomerantz Grossman Hufford Dahlstrom & Gross LLP

Website: http://www.pomerantzlaw.com
Contact: Robert Willoughby, Pomerantz Grossman Hufford Dahlstrom & Gross LLP,
+1-212-661-1100 ext. 237, rswilloughby@pomlaw.com
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