Harwood Feffer LLP Announces Investigation of Higher One Holdings, Inc.

NEW YORK, May 30, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against Higher One Holdings, Inc. ("Higher One" or the "Company") (NYSE: ONE) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.

A class action was recently filed against the Company in the United States District Court for the District of Connecticut, Case No. 14-cv-00755, following the Company's May 12, 2014 disclosure that it will face penalties regarding certain financial aid and marketing violations.  These penalties could trigger a default on the Company's credit facility.       

Our investigation concerns whether the Company's officers and directors should be liable for the harm to Higher One.  If you own Higher One shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
                         (212)935-7400
Email:  bsachsmichaels@hfesq.com
Website:   http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP