Investigation of Measurement Specialties, Inc.
Smithtown, New York – June 20, 2014
The law office of Jack Stuart Beige & Associates, PC, announces it is investigating the Board of Directors of Measurement Specialties, Inc. (NASDAQ GS: MEAS) for possible breaches of fiduciary duties and other violations of law in connection with Measurement Specialties, Inc.’s agreement to be acquired by TE Connectivity Ltd (NYSE: TEL), in a transaction valued at approximately $1.7 billion.
Under the terms of the agreement, public shareholder of Measurement Specialties, Inc. (“Measurement Specialties”) would receive $86.00 in cash for each share of Measurement Specialties they own.
The investigation concerns whether Measurement Specialties’ Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Measurement Specialties’ stockholders would be fair and adequate, and whether Measurement Specialties is acting in its stockholders’ best interests.
Joseph R. Beige has over 17 years experienced as an attorney. He prosecutes securities class actions, derivative actions, shareholder rights actions and corporate governance actions on behalf of stockholders.
If you own Measurement Specialties common stock, purchased your shares prior to June 18, 2014, and wish to obtain additional information, please contact Joe by email at or by telephone at (631) 231-7725.