NYSE
HPY

Heartland Payment Systems, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Heartland Payment Systems, Inc. (NYSE: HPY) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Heartland Payment Systems, Inc. (“Heartland” or the “Company”) (NYSE: HPY) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Global Payments Inc. (“Global Payments”) (NYSE: GPN), in a transaction valued at approximately $4.3 billion.

Under the terms of the agreement, shareholders of Heartland will receive 0.6687 shares of Global Payments stock and $53.28 in cash for each share of Heartland.  Based on Global Payments’ closing stock price on December 15, 2015, Heartland shareholders would have received compensation valued at approximately $101.04 per share.

The investigation concerns whether Heartland’s board of directors failed to adequately shop the Company and obtain the best possible value for Heartland’s shareholders before entering into an agreement with Global Payments.

If you own the common stock of Heartland and purchased your shares before December 16, 2015, 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 contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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