Morgan & Morgan Announces the Investigation of the Sale of Measurement Specialties - MEAS

Jun 19, 2014, 14:45 ET from Morgan & Morgan

NEW YORK, June 19, 2014 /PRNewswire/ -- Morgan & Morgan announces it is investigating potential breach of fiduciary duty claims against the Board of Directors of Measurement Specialties, Inc. ("Measurement Specialties" or the "Company") (NASDAQ: MEAS) relating to the sale of the Company to TE Connectivity Ltd. ("TE"). On June 18, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which TE will acquire Measurement in a merger valued at roughly $1.7 billion.

If you own shares of Measurement Specialties and want more information about the Measurement Specialties Investigation please contact Morgan & Morgan at 1-800-732-5200 or email

Under the terms of the agreement, shareholders of Measurement Specialties will receive $86.00 in cash for each share of Measurement Specialties they own.

Our investigation concerns possible breaches of fiduciary duty and other violations of law by Measurement Specialties' Board of Directors for not acting in the best interest of the Company's shareholders in connection with the sale process.

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

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Morgan & Morgan Peter Safirstein, Esq. 28 West 44th Street Suite 2001 New York, NY 10036 1-800-732-5200

SOURCE Morgan & Morgan