Ryan & Maniskas, LLP Announces Investigation of Asset Acceptance Capital Corp.
WAYNE, Pa., March 7, 2013
WAYNE, Pa., March 7, 2013 /PRNewswire/ --Ryan & Maniskas, LLP
(www.rmclasslaw.com/cases/aacc) is investigating potential claims against the
board of directors of Asset Acceptance Capital Corp. ("Asset Acceptance
Capital" or the "Company") (NASDAQ: AACC) concerning possible breaches of
fiduciary duty and other violations of law related to the Company's efforts to
sell the Company to Encore Capital Group Inc. in a transaction valued at
approximately $200 million.
Our investigation concerns possible breaches of fiduciary duty and other
violations of law related to the approval of the transaction by the Company's
board of directors; in particular, whether the Company undertook a fair
process to obtain fair consideration for all shareholders of Asset Acceptance
Capital. For more information regarding our investigation, please contact
Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877)
316-3218 or by email at email@example.com or visit:
Under the terms of the transaction, Asset Acceptance Capital shareholders will
receive $6.50 per share of Asset Acceptance Capital stock they own;
shareholders may elect to receive the consideration in cash, Encore stock, or
If you own shares of Asset Acceptance Capital and would like to learn more
about these claims or if you wish to discuss these matters and have any
questions concerning this announcement or your rights, contact Richard A.
Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/aacc. You may also email Mr. Maniskas at
firstname.lastname@example.org. For more information about class action cases in
general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
SOURCE Ryan & Maniskas, LLP
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