SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of
Official Payments Holdings, Inc. Buyout
WILMINGTON, Del. -- September 26, 2013
Rigrodsky & Long, P.A.:
*Do you own shares of Official Payments Holdings, Inc. (NASDAQ GM: OPAY)?
*Did you purchase any of your shares prior to September 23, 2013?
*Do you think the proposed buyout price is too low?
*Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal
claims against the board of directors of Official Payments Holdings, Inc.
(“Official Payments” or the “Company”) (NASDAQ GM: OPAY) regarding possible
breaches of fiduciary duties and other violations of law related to the
Company’s entry into an agreement to be acquired by ACI Worldwide, Inc.
(“ACI”) (NASDAQ GS: ACIW) in a transaction valued at approximately $109
Click here to learn more:
Under the terms of the agreement, public shareholders of Official Payments
will receive $8.35 per share in cash for each share of Official Payments they
The investigation concerns whether Official Payments’ board of directors
failed to adequately shop the Company and obtain the best possible value for
Official Payments’ shareholders before entering into an agreement with ACI.
According to Yahoo! Finance, at least one analyst has set a price target for
Official Payments stock at $10.00 per share.
If you own the common stock of Official Payments and purchased your shares
before September 23, 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 Shaye Fuchs 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 firstname.lastname@example.org, or
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.
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