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SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Steinway

  SHAREHOLDER ALERT: Levi & Korsinsky Announces Investigation into Possible
  Breaches of Fiduciary Duty by the Board of Steinway Musical Instruments,
  Inc. in Connection with the Sale of the Company to Kohlberg & Company

Business Wire

NEW YORK -- July 2, 2013

Levi & Korsinsky is investigating the Board of Directors of Steinway Musical
Instruments, Inc. (“Steinway” or the “Company”) (NYSE: LVB) for possible
breaches of fiduciary duty and other violations of state law in connection
with the sale of the Company to an affiliate of Kohlberg & Company.

Click here to learn more about the investigation
http://zlk.9nl.com/steinway-musical-lvb/, or call: 877-363-5972. There is no
cost or obligation to you.

Under the terms of the transaction, Steinway shareholders will receive $35.00
for each share of Steinway stock they own. The transaction has a total
approximate value of $438 million. The investigation concerns whether the
Steinway Board of Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter into the
transaction, and whether Kohlberg & Company is underpaying for Steinway, thus
unlawfully harming Steinway shareholders.

If you own common stock in Steinway 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 visit
http://zlk.9nl.com/steinway-musical-lvb/.

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.

Contact:

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
 
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