Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Access Plans, Inc. (“Access Plans” or the “Company”) (OTC: APNC.OB) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Aon Corp. (NYSE: AON) in an all-cash deal valued at about $70.1 million. Under the terms of the proposed transaction, Access Plans stockholders will receive $3.30 in cash for each share of Access Plans common stock they own.
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Whether Access Plans’ 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 the proposed transaction undervalues Access Plans’ shares and by how much this proposed transaction undervalues the Company to the detriment of Access Plans’ shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Access Plans and wish to obtain additional information, please visit us at www.faruqilaw.com/APNC or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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