Liquid Audio Responds to Lawsuits

By | November 8, 2001 at 12:00 AM

Liquid Audio, Inc., today confirmed that it has received copies of two complaints filed by stockholders of the company regarding the alleged actions taken by the board of directors in connection with the publicly announced indications of interest and related proposals by Steel Partners and BCG Strategic Investors. The company has reviewed the complaints and believes that each of them is without merit and plans to defend them vigorously.

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