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Online Resources Corp. (ORCC)

(NasdaqGS: ORCC)


Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Online Resources Corp. (ORCC)

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, 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.

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 Resources’ shareholders. 

If you own common stock in Online Resources and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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  • Company:
    Online Resources Corp. (ORCC)

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


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