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. -- AACC

NEW YORK, March 15, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies
investors of Asset Acceptance Capital Corp. ("Asset Acceptance" or the
"Company") (Nasdaq: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. (Nasdaq:ECPG). A complaint was filed in Michigan state

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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 claims concern
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 or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or

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
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