Rigrodsky & Long, P.A. Announces Investigation Of Asset Acceptance Capital Corp. Buyout

  Rigrodsky & Long, P.A. Announces Investigation Of Asset Acceptance Capital
                                 Corp. Buyout

PR Newswire

WILMINGTON, Del., March 12, 2013

WILMINGTON, Del., March 12, 2013 /PRNewswire/ --Rigrodsky & Long, P.A.:

  oDo you own shares of Asset Acceptance Capital Corp. (NASDAQ GS: AACC)?
  oDid you purchase any of your shares prior to March 6, 2013?
  oDo you think the proposed buyout price is too low?
  oDo you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Asset Acceptance Capital Corp.
("Asset Acceptance" or the "Company") (NASDAQ GS: AACC) regarding possible
breaches of fiduciary duties and other violations of law related to the
Company's entry into an agreement to be acquired by Encore Capital Group, Inc.
("Encore") in a transaction valued at approximately $200 million.

Click here to learn more:

Under the terms of the proposal, public shareholders of Asset Acceptance will
receive $6.50 per share in cash for each share of Asset Acceptance they own.

The investigation concerns whether Asset Acceptance's board of directors
failed to adequately shop the Company and obtain the best possible value for
Asset Acceptance's shareholders before entering into an agreement with
Encore. According to Yahoo! Finance, at least one analyst has set a price
target for Asset Acceptance stock at $8.00 per share. 

If you own the common stock of Asset Acceptance and purchased your shares
before March 6, 2013, if you have information or would like to learn more
about these claims, 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 Seth Rigrodsky or Brian Long at
Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware
19803, by telephone at (302) 295-5310, or Peter Allocco at Rigrodsky & Long,
P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by
telephone at (888) 969-4242; by e-mail to info@rigrodskylong.com, or at:

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City,
New York, regularly prosecutes securities class, derivative and direct
actions, shareholder rights litigation and corporate governance litigation, on
behalf of shareholders in states and federal courts throughout the United

Attorney advertising. Prior results do not guarantee a similar outcome.


Rigrodsky & Long, P.A.
Peter Allocco
(888) 969-4242
(516) 683-3516
Fax: (302) 654-7530

SOURCE Rigrodsky & Long, P.A.

Website: http://www.rigrodskylong.com
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