DALLAS, July 16, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announced potential shareholder claims against the board of Steinway Musical Instruments (NYSE: LVB) in connection with a buyout for $35.00 per share. Concerned LVB investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies, at no cost.

"This buyout appears to undervalue Steinway because Kohlberg's offer price is 45% below the 52 week trading price for the company," said shareholder-rights lawyer Hamilton Lindley. "Our proposed shareholder lawsuit seeks more money and information for stockholders of the company, to ensure all important information is disclosed and the highest price reasonably available is paid."

Due to the significant experience Deans & Lyons has representing shareholders in securities lawsuits nationwide, LVB stockholders, or anyone with knowledge about this acquisition should contact lawyer Hamilton Lindley at hlindley@deanslyons.com or 877-819-8033 with questions or concerns.

Hamilton Lindley
325 North Saint Paul Street, Suite 1500
Dallas, TX 75201
Phone: 214-736-7861
Fax: 214-965-8505
Toll-free: 877-819-8033
hlindley@deanslyons.com
www.deanslyons.com

SOURCE Deans & Lyons LLP