Law Offices of Todd M. Garber Announces Investigation of Asset Acceptance Capital Corp.

  Law Offices of Todd M. Garber Announces Investigation of Asset Acceptance
  Capital Corp.

Business Wire

LOS ANGELES -- March 12, 2013

The Law Offices of Todd M. Garber announces that it is investigating potential
claims against the Board of Directors of Asset Acceptance Capital Corp.
(“Asset Acceptance” or the “Company”) (NASDAQ: AACC) related to the proposed
acquisition of the Company by Encore Capital Group Inc. The transaction is
valued at approximately $200 million, or $6.50 per share. Under the terms of
the deal, shareholders will have the option to receive the consideration in
cash, Encore stock, or a combination of the two.

This investigation concerns whether the Board of Directors of Asset Acceptance
breached their fiduciary duties to stockholders by failing to adequately shop
the Company before agreeing to enter into the proposed transaction, and
whether the Company has disclosed all material information to shareholders
about the transaction. The Company has seen substantial recent growth. Its
share price has skyrocketed from $2.86 on November 21, 2011 to $7.97 on
October 15, 2012. Further, at least one analyst has set a target price for the
Company’s stock at $8 per share.

If you are a shareholder of Asset Acceptance, if you have information or would
like to learn more about our investigation, or if you wish to discuss these
matters or have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Todd M. Garber,
Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or
by email to info@toddgarberlaw.com.

      This press release may be considered Attorney Advertising in some
          jurisdictions under the applicable law and ethical rules.

Contact:

Law Offices of Todd M. Garber
Todd M. Garber, Esquire
213-700-7262
info@toddgarberlaw.com
 
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