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WeissLaw LLP Investigates Asset Acceptance Capital Corp. Acquisition

  WeissLaw LLP Investigates Asset Acceptance Capital Corp. Acquisition

Business Wire

NEW YORK -- March 6, 2013

WeissLaw LLP, a national class action, shareholder rights law firm with
offices in New York and Los Angeles, is examining possible breaches of
fiduciary duty and other violations of law by the Board of Directors of Asset
Acceptance Capital Corp. (“Asset Acceptance” or the “Company”) (NASDAQ: AACC)
for agreeing to be acquired by Encore Capital Group, Inc. (“Encore”) in a
transaction valued at approximately $200 million. Under the agreement, Encore
will acquire all outstanding Asset Acceptance stock for $6.50 per share. Asset
Acceptance shareholders will have the option to receive their consideration in
cash or Encore stock or any combination of cash and Encore stock, at their
election, with the aggregate stock consideration across all shareholders
capped at 25 percent of the total equity consideration to be received.

WeissLaw LLP is investigating whether Asset Acceptance’s Board acted in the
best interests of Asset Acceptance’s public shareholders by actively shopping
the Company to maximize shareholder value prior to entering into the agreement
with Encore. Notably, prior to the announcement of the deal, several analysts
set the price target for the stock significantly above the price offered by
Encore under the merger agreement, with a high target of $8.00. If you own
Asset Acceptance shares and would like more information about your rights or
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 clients and obtained important corporate
governance relief in many of 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 materially misleading
information), consumer fraud (including false advertising, defective products,
or other deceptive business practices), or anti-trust violations, please email
us at or fill out the form on our website,

Attorney Advertising. Past results do not guarantee a similar outcome.


WeissLaw LLP
Kelly C. Keenan
1500 Broadway, 16^th Floor
New York, NY 10036
T: 212.682.3025
F: 212.682.3010
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