Member access

4-Traders Homepage  >  Shares  >  Nasdaq  >  Online Resources Corporation    ORCC   US68273G1013

SummaryQuotesChart AnalysisNewsCalendarCompanyFinancials 
News SummaryMost relevantAll news 

Online Resources Corporation : Online Resources Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to ACI Worldwide

02/01/2013 | 10:15am US/Eastern
Recommend:
0

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Online Resources Corp. ("ORCC") (NasdaqGS: ORCC) to ACI Worldwide for shareholders. Under the terms of the proposed deal valued at approximately $133 million, ORCC shareholders will only receive $3.85 in cash for each share of ORCC stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The ORCC sale investigation centers on whether ORCC's shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues ORCC's stock, and whether ORCC's board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. According to shareholder rights attorney Willie Briscoe, "due to the proposed sale price, the recent performance of ORCC and other factors, we believe this transaction may undervalue ORCC's stock. Our proposed lawsuit will seek to obtain the highest share price for all shareholders."

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
WBriscoe@TheBriscoeLawFirm.com
or
Powers Taylor, LLP
Zach Groover, 877-728-9607
zach@powerstaylor.com


© Business Wire 2013
Recommend :
0
React to this article
Latest news on ONLINE RESOURCES CORPORATI
2013 ONLINE RESOURCES CORPORATION : ACI Worldwide Completes Acquisition of Online Res..
2013 ONLINE RESOURCES CORPORATION : ORCC Announces Virtual Collection Agent 5.0 Servi..
2013 ONLINE RESOURCES CORPORATION : ORCC Announces Virtual Collection Agent 5.0 Servi..
2013 ONLINE RESOURCES CORPORATION : COCC Partners with ORCC to Deliver Next Level Int..
2013 ONLINE RESOURCES CORPORATION : The Law Firm of Levi & Korsinsky, LLP Launches an..
2013 ONLINE RESOURCES CORPORATION : Law Office of Brodsky & Smith, LLC Announces Inve..
2013 ONLINE RESOURCES CORPORATION : Faruqi & Faruqi, LLP is Seeking More Cash for the..
2013 ONLINE RESOURCES CORPORATION : The Law Firm of Levi & Korsinsky, LLP Launches an..
2013 ONLINE RESOURCES CORPORATION : Ryan & Maniskas, LLP Announces Investigation of O..
2013 ONLINE RESOURCES CORPORATION : Online Resources Shareholder Alert: Briscoe Law F..
Advertisement
Chart
Duration : Period :
Online Resources Corporati Technical Analysis Chart | ORCC | US68273G1013 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF