Law Office of Brodsky & Smith, LLC Announces Investigation of MEMSIC, Inc

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posted:4/27/2013
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Description: BALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of MEMSIC, Inc. (“MEMSIC” or the “Company”) (Nasdaq: MEMS) relating to the proposed acquisition by IDG-Accel China Capital II, LP (“IDG”) and affiliates. Under the terms of the transaction MEMSIC shareholders will receive only $4.225 in cash for each share of MEMSIC stock they own. The investigation concerns possible breaches of fiduciary du a style='font-si
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