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Music Industry 17 May, 2011

The Law Office Of Abe Shainberg Launches An Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Warner Music Group Corp. In Connection With The Sale Of The Company To Access Industries - WMG

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The Law Office Of Abe Shainberg Launches An Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Warner Music Group Corp. In Connection With The Sale Of The Company To Access Industries - WMG
NEW YORK (Top40 Charts/ Law Office of Abe Shainberg) The Law Office of Abe Shainberg is investigating the Board of Directors of Warner Music Group Corp. (NYSE: WMG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Access Industries. Under the terms of the proposed transaction, WMG shareholders will receive $8.25 per share in cash for a total transaction value of approximately $3.3 billion.

The investigation concerns whether the WMG Board of Directors breached their fiduciary duties to WMG stockholders by failing to adequately shop the Company before entering into this transaction and whether Access Industries is underpaying for WMG shares.

If you own common stock in WMG and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [email protected] or by telephone at (212) 425-7286, or visit https://www.ashainberglaw.com/warner-music-group.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.






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