Rosen Law Firm Announces Investigation of Asset Acceptance Capital Corp. in
Connection with its Sale to Encore Capital Group, Inc. – AACC
NEW YORK -- March 6, 2013
The Rosen Law Firm, P.A. is investigating the Board of Directors of Asset
Acceptance Capital Corp. (NASDAQ GS: AACC) for possible breaches of fiduciary
duty and other violations of state law in connection with its sale of the
Company to Encore Capital Group, Inc. (NASDAQ GS: ECPG).
If you would like to join the action please email or call Phillip Kim or Kevin
Chan, toll-free, at 866-767-3653; or email at firstname.lastname@example.org or
email@example.com. There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $6.50 for each
share of Asset Acceptance stock they own. Asset Acceptance shareholders may
elect to receive their consideration in cash or Encore stock or a combination
both, with the aggregate stock consideration across all stockholders capped at
25 percent of the total equity consideration to be received. The investigation
relates to whether the price of $6.50 per share is fair to public shareholders
and whether Asset Acceptance’s Board breached its fiduciary duties in
connection with the transaction.
If you own Asset Acceptance common stock and wish to obtain additional
information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm
toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
Attorney Advertising. Prior results do not guarantee a similar outcome.
The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
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