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The Law Firm of Levi & Korsinsky, LLP Announces Investigation of S1 Corporation

  //science-technology.news-articles.net/content/2 .. p-announces-investigation-of-s1-corporation.html
  Published in Science and Technology on Tuesday, July 26th 2011 at 13:00 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of S1 Corporation (aS1a or the aCompanya) (NASDAQ: SONE) for possible breaches of fiduciary duty and other violations of state law in connection with a merger proposal from ACI Worldwide Inc. (NASDAQ: ACIW). Under the terms of the transaction, S1 shareholders would receive $9.50 in cash or stock per share of S1 stock they own. The transaction would have a total approximate value of $540 million.

Click here to learn how to join the action: [ http://www.zlk.com/s-one-sone ], or call: 877-363-5972.

On June 27, 2011, S1 entered into a definitive agreement to merge with Fundtech Ltd. The investigation concerns whether the S1 Board of Directors have taken the necessary steps to maximize shareholder value and whether the ACI Worldwide offer of $9.50 per share adequately compensates S1 shareholders.

If you own common stock in S1 and wish to obtain additional information, please contact Joseph Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit [ http://www.zlk.com ].

Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions and have a combined experience of more than 50 years. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.