The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Measurement Specialties, Inc.

Wednesday, June 25, 2014

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Measurement Specialties, Inc.

19:05 EDT Wednesday, June 25, 2014

BALA CYNWYD, Pa. (Business Wire) -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Measurement Specialties, Inc. (“Measurement Specialties” or the “Company”) (Nasdaq:MEAS) relating to the proposed acquisition by TE Connectivity Ltd. (“TE Connectivity”).

Click here to learn more about the investigation http://brodsky-smith.com/775-meas-measurement-specialties-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Measurement Specialties shareholders will receive only $86.00 in cash stock for each share of Measurement Specialties stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Measurement Specialties for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue Measurement Specialties, given that revenue is projected to increase $540 million year over year to $540 million and earnings growth should follow closely behind at 26%.

If you own shares of Measurement Specialties common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com by visiting http://brodsky-smith.com/775-meas-measurement-specialties-inc.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/775-meas-measurement-specialties-inc.html

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections