SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Official Payments Holdings, Inc.
September 25 2013 - 11:30AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Official Payments Holdings, Inc. (âOPAYâ or the âCompanyâ)
(Nasdaq: OPAY) relating to the proposed acquisition by ACI
Worldwide, Inc.
Click here to learn more about the investigation
http://brodsky-smith.com/646-opay-official-payments-holdings-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, OPAY shareholders will
receive only $8.35 in cash for each share of OPAY stock they own.
The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of OPAY for
not acting in the Companyâs shareholders' best interests in
connection with the sale process. The transaction may undervalue
the Company as OPAY currently has more than 3,000 customers
representing access to over 100 million end users. In addition,
OPAY stock traded at $8.69 per share on September 19, 2013 and an
analyst have set a price target of $10.00 per share for OPAY
stock.
If you own shares of OPAY common stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/646-opay-official-payments-holdings-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/646-opay-official-payments-holdings-inc.html
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