The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of WMG

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Levi & Korsinsky 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.

New York, NY, May 07, 2011 (PressReleasePoint) -- Levi & Korsinsky is investigating the Board of Directors of Warner Music Group Corp. (“WMG” or the “Company”) (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 transaction, WMG shareholders will receive $8.25 per share in cash for each share of WMG stock they own. The transaction has a total approximate value of $3.3 billion.

Click here to learn how to join the action: http://www.zlk.com/warner-music-group-wmg.html, or call: 877-363-5972.

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, thus unlawfully harming WMG stockholders.

If you own common stock in WMG 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://www.zlk.com/warner-music-group-wmg.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. 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. 30 Broad Street - 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com
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