MakeMusic Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP
Investigate Sale to Affiliate of LaunchEquity Partners
DALLAS -- March 14, 2013
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers Taylor, LLP are
investigating the sale of MakeMusic, Inc. (“MakeMusic”) (Nasdaq: MMUS) to
LaunchEquity Acquisition Partners, LLC Designated Series Education Partners
(“LEAP”), an affiliate of LaunchEquity Partners, LLC for shareholders. Under
the terms of the proposed transaction MakeMusic shareholders will receive
$4.85 in cash for each share of stock owned. Notably, LEAP currently owns 27%
of MakeMusic’s outstanding common stock.
If you are an affected investor, and you want to learn more about the lawsuit
or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC,
(214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover
at Powers Taylor, LLP, toll free (877) 728-9607, via email at
email@example.com. There is no cost or fee to you.
The MakeMusic sale investigation centers on whether MakeMusic’s shareholders
are receiving adequate compensation for their shares in the buyout, whether
the transaction undervalues MakeMusic’s stock, and whether MakeMusic’s board
attempted to obtain the highest share price for all shareholders prior to
agreeing to the deal. Shareholder rights attorney Patrick Powers stated that,
“due to the proposed sale price and other factors, we believe this transaction
may undervalue MakeMusic’s stock. Our proposed lawsuit will seek to obtain the
highest share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience in
complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of
complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits, and
security class actions.
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
Powers Taylor, LLP
Zach Groover, 877-728-9607
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