BALA CYNWYD, Pa., March 18, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of MakeMusic, Inc.
("MakeMusic" or the "Company") (Nasdaq- MMUS-News) relating to the
proposed acquisition by LaunchEquity Acquisition Partners, LLC
Designated Series Education Partners("LEAP"), an affiliate of
LaunchEquity Partners, LLC.
Under the terms of the transaction, MakeMusic shareholders will
receive only $4.85 in cash for each
share of MakeMusic stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of MakeMusic for not acting in the
Company's shareholders' best interests in connection with the sale
process. The transaction may undervalue the Company and will result
in a loss or no significant gain for many long term MakeMusic
shareholders. For example MakeMusic stock traded at $4.88 as recently as April
25, 2012 and $5.51 on
May 4, 2011.
If you own shares of MakeMusic stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact
Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky
& Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/557-mmus-makemusic-inc.html, by calling
toll free 877-LEGAL-90.
SOURCE Law Office of Brodsky & Smith, LLC