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ACI Corp's appeal against $43.8M judgment dismissed
Fintech Intelligence Digital Newsletter: May 2021
Street Talk Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs
Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs
Fintech Intelligence Digital Newsletter: April 2021
ACI Worldwide Inc. said a court has denied subsidiary ACI Corp.'s appeal against the dismissal of its claims against BHMI Inc. and the judgment in BHMI's favor on its counterclaims.
The company said a one-time expense associated with the adverse judgment, including post-judgment interest, will be reflected in the company's results of operation for the quarter ended June 30.
In January 2016, ACI Corp. was ordered to pay $43.8 million for damages and $2.7 million for attorneys fees and costs.