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TMCNet:  Law Offices of Howard G. Smith Announces Investigation of Material Sciences Corporation

[January 09, 2014]

Law Offices of Howard G. Smith Announces Investigation of Material Sciences Corporation

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Material Sciences Corporation ("Material Sciences" or the "Company") (NASDAQ:MASC) related to the proposed acquisition of the Company by New Start Metals and Insight Equity Holdings. The transaction is valued at approximately $93.14 million, or $12.75 per share.

This investigation concerns whether the Board of Directors of Material Sciences breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and hether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $8.85 on October 10, 2013 to $11.81 on December 31, 2013.


If you are a shareholder of Material Sciences, if you have information or would like to learn more about our investigation, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.


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