SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of Asset

   SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of
 Breaches of Fiduciary Duty by the Board of Asset Acceptance Capital Corp. in
         Connection with Sale of Company to Encore Capital Group Inc.

PR Newswire

NEW YORK, March 8, 2013

NEW YORK, March 8, 2013 /PRNewswire/ --Levi & Korsinsky notifies investors of
Asset Acceptance Capital Corp. ("Asset Acceptance" or the "Company")
(NasdaqGS: AACC) of claims of breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Encore Capital
Group Inc. (NasdaqGS: ECPG).

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Click here to learn how to join the action:
http://zlk.9nl.com/asset-acceptance-capital-aacc/, or call: 877-363-5972.
There is no cost or obligation to you.

Under the terms of the transaction, Asset Acceptance shareholders will receive
$6.50 per share of Asset Acceptance stock they own; shareholders may elect to
receive the consideration in cash, Encore stock, or a combination. The
transaction has a total approximate value of $200 million. The investigation
concerns whether the Asset Acceptance Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the Company
before entering into this transaction and whether Encore Capital Group Inc. is
underpaying for Asset Acceptance shares, thus unlawfully harming Asset
Acceptance stockholders. In particular, at least one analyst set a price
target for Asset Acceptance stock at $8.00 per share.

If you own common stock in Asset Acceptance and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
http://zlk.9nl.com/asset-acceptance-capital-aacc/. 

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
similar outcomes.

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
www.zlk.com

SOURCE Levi & Korsinsky, LLP

Website: http://www.zlk.com
 
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