Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of PLATO Learning, Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of PLATO Learning, Inc. (“PLATO Learning” or the “Company”) (NASDAQ:TUTR) related to the Company’s agreement to be acquired by an affiliate of Thoma Bravo, LLC (“Thoma Bravo”). The proposed transaction is valued at approximately $143 million.

Under the terms of the definitive agreement entered into by the parties, PLATO Learning shareholders will receive $5.60 in cash for each share of the Company’s common stock they hold. The acquisition is expected to close in PLATO Learning’s fiscal quarter ending July 31, 2010. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by PLATO Learning’s board of directors.

If you own shares of PLATO Learning, Inc., if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Plato Learning (MM) (NASDAQ:TUTR)
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