LaBranche Recommends Stockholders Vote For the Adoption of the Merger Agreement with Cowen Group

LaBranche & Co LAB today issued the following letter to stockholders recommending that they vote FOR the adoption of the merger agreement with Cowen Group COWN at LaBranche's upcoming Special Meeting of Stockholders to be held on June 15, 2011 at the Down Town Association, 60 Pine Street, New York, New York 10005, at 9:00 a.m., local time. All stockholders of record of LaBranche common stock as of May 4, 2011 are entitled to vote at the June 15th special meeting.