Netspend Holdings (NTSP) Merger Shareholder Lawsuit

Netspend Holdings, Inc. (NTSP) announced that it entered into a definitive merger agreement pursuant to which it would be acquired by Total System Services Inc.  The all cash deal values Netspend shares at $16.00 and the entire company at $1.4 billion.

Is $16.00 fair value for NTSP shareholders?

Have Netspend Holdings’ board members complied with all duties owed to NTSP shareholders?  

Has the Netspend Holdings board of directors properly shopped the company to all possible suitors?

We are investigating whether the proposed transaction is fair to Netspend Holdings shareholders.  The investigation concerns whether the Netspend Holdings’ board of directors’ process for consideration of the proposed transaction was adequate, whether Netspend Holdings is acting in its shareholders’ best interests and whether the proposed share price to be paid to NTSP shareholders is fair and adequate. 
If you own the common stock of Netspend Holdings and if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please fill out the contact form on this web page or call Attorney George Pressly at Morgan & Morgan toll free at 1 (800) 631-6234.