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S1 Corp. (SONE) Settles Class-Action Suit from M&A Termination

October 25, 2011 5:32 PM EDT
S1 Corporation (Nasdaq: SONE), reports it and other named defendants have reached an agreement in principle with plaintiffs to settle the consolidated class action lawsuit captioned In re S1 Corporation Shareholders Litigation.

This lawsuit relates to the now-terminated merger with Fundtech Ltd. (Nasdaq: FNDT) and the proposed acquisition of the Company by ACI Worldwide, Inc. (NYSE: ACW).


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