Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of M*Modal, Inc. (Nasdaq: MODL) arising from its agreement for M*Modal to be acquired by One Equity Partners, J.P. Morgan Chase & Co.’s private investment arm, through a tender offer for $14.00 per share. The tender offer is expected to commence on or before July 17, 2012 and is expected to close during the third quarter of 2012.

Weiss & Lurie is investigating whether M*Modal’s Board of Directors breached their fiduciary duties to its shareholders by failing to conduct a fair and adequate sale process and failing to maximize shareholder value. The acquisition values M*Modal at 8.46 times EBITDA, compared with an average 21.3 times EBITDA among 10 comparable deals, according to data compiled by Bloomberg. In addition, an analyst at one of M*Modal’s financial advisors for the proposed transaction, RBC Capital Markets, set a price target of $15 for M*Modal.

Moreover, RBC Capital Markets sits on both sides of the proposed transaction creating a potential conflict of interest. In addition to acting as a financial advisor to M*Modal, RBC Capital Markets is also providing committed financing to One Equity Partners.

If you own M*Modal shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Michael A. Rogovin, Esq. either by email at info@weisslurie.com or by telephone at (888) 593-4771.

Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing, consumer fraud, or anti-trust violations, please email us at info@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.

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