SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of M...
15 Mars 2013 - 9:42PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
MakeMusic, Inc. (“MakeMusic” or the “Company”) (Nasdaq: MMUS) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to LaunchEquity
Acquisition Partners, LLC Designated Series Education Partners
(“LEAP”), an affiliate of LaunchEquity Partners, LLC.
Click here to learn how to join the action:
http://zlk.9nl.com/makemusic-mmus/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, MakeMusic shareholders will
receive $4.85 per share of MakeMusic stock they own. LEAP currently
owns approximately 27% of the Company’s outstanding common stock.
The investigation concerns whether the MakeMusic Board of Directors
breached their fiduciary duties to stockholders by failing to
adequately shop the Company before entering into this transaction
and whether LEAP is underpaying for MakeMusic shares, thus
unlawfully harming MakeMusic stockholders.
If you own common stock in MakeMusic and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or
http://zlk.9nl.com/makemusic-mmus/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
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