NEW YORK, Sept. 30, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Official
Payments Holdings, Inc. ("Official Payments" or the "Company")
(NasdaqGM: OPAY) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to ACI Worldwide, Inc. (NasdaqGS: ACIW).
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Click here to learn more about the investigation
http://zlk.9nl.com/official-payments-holdings-opay/, or
call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Official Payments
shareholders will receive $8.35 for
each share of Official Payments stock they own. The transaction has
an approximate total value of $109
million. The investigation concerns whether the Official
Payments Board of Directors breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether ACI Worldwide,
Inc. is underpaying for Official Payments shares. In particular, at
least one analyst set a price target of $10.00 per share of Official Payments.
If you own Official Payments common stock and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://zlk.9nl.com/official-payments-holdings-opay/.
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. 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: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP