|[February 01, 2013]
Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Online Resources Corp. (ORCC)
NEW YORK --(Business Wire)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Online
Resources Corp. ("Online Resources" or the "Company") (NasdaqGS: ORCC)
for potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to ACI Worldwide (News - Alert), Inc.
(NasdaqGS: ACIW), in an all-cash deal valued at approximately $126.6
million. Under the terms of the proposed transaction, Online Resources'
stockholders will receive $3.85 in cash for each share of Online
Resources common stock they own. The proposed transaction is structured
as a tender offer and may be effectuated without a shareholder vote.
Request more information now by clicking here: www.faruqilaw.com/ORCC.
The investigation focuses on whether Online Resources' Board of
Directors breached their fiduciary duties to the Company's stockholders
by failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of Online
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.
If you own common stock in Online Resources and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ORCC
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
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