WAYNE, Pa., Feb. 20, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP ( www.rmclasslaw.com/cases/ntsp) is investigating potential claims against the board of directors of NetSpend Holdings, Inc. ("NetSpend" or the "Company") (NASDAQ: NTSP) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Total System Services, Inc. in a transaction valued at approximately $1.4 billion. (Logo: http://photos.prnewswire.com/prnh/20121112/MM11729LOGO) Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Company's board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of NetSpend. For more information regarding our investigation, please contact Ryan & Maniskas, LLP ( Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at email@example.com or visit: www.rmclasslaw.com/cases/ntsp. Under the terms of the transaction, NetSpend shareholders will receive $16.00 per share of NetSpend stock they own. If you own shares of NetSpend and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/ntsp. You may also email Mr. Maniskas at firstname.lastname@example.org. For more information about class action cases in general, please visit our website: www.rmclasslaw.com. Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. CONTACT: Ryan & Maniskas, LLPRichard A. Maniskas, Esquire995 Old Eagle School Rd., Suite 311Wayne, PA email@example.com SOURCE Ryan & Maniskas, LLP
NetSpend Holdings (Nasdaq:NTSP) hit a new 52-week high Friday as it is currently trading at $15.99, above its previous 52-week high of $15.98 with 422,736 shares traded as of 3:45 p.m. ET. Average volume has been 1.9 million shares over the past 30 days.