Press release from PR Newswire
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Measurement Specialties, Inc. and Its Board of Directors In Connection With the Sale of the Company to TE Connectivity Ltd. -- MEAS
Friday, June 20, 2014
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Measurement Specialties, Inc. and Its Board of Directors In Connection With the Sale of the Company to TE Connectivity Ltd. -- MEAS20:02 EDT Friday, June 20, 2014
NEW YORK, June 20, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Measurement Specialties, Inc. ("Measurement Specialties" or "the Company") (Nasdaq: MEAS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TE Connectivity Ltd.
Click here to learn more about the investigation: http://zlk.9nl.com/measurement-specialties-meas, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Measurement Specialties shareholders will receive $86 in cash for each share of Measurement Specialties stock they own. The investigation concerns whether the Board of Measurement Specialties breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether TE Connectivity Ltd. is underpaying for Measurement Specialties shares.
If you own Measurement Specialties common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/measurement-specialties-meas.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.30 Broad Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510www.zlk.com
SOURCE Levi & Korsinsky, LLP