ATTENTION SHAREHOLDERS: The Sale of MEMSIC, Inc. (MEMS) Under Investigation by The Young Law Firm Business Wire PHOENIXVILLE, Pa. -- April 29, 2013 The Young Law Firm is investigating potential claims against the Board of Directors of MEMSIC, Inc. (“MEMSIC” or the “Company”) (NasdaqGM: MEMS) concerning the proposed buyout of the Company by IDG-Accel China Capital II, LP (“IDG”) and affiliates. The investigation concerns whether MEMSIC’s Board of Directors obtained fair value for the sale of the Company and whether the Board has fulfilled its fiduciary duties to MEMSIC’s shareholders in connection with the sale. Under the terms of the transaction, shareholders will receive $4.225 per share in cash in a deal valued at approximately $88.5 million. Shareholders have rights. If you own shares of MEMSIC and would like to learn more about these matters, please contact: Henry Young Esq. The Young Law Firm Toll Free: (888) 452-7252 Email: email@example.com or visit: www.theyounglf.com/memsic-inc-mems-merger-buyout-shareholder-lawsuit/ The Young Law Firm is a national shareholder litigation firm located outside of Philadelphia, Pa. We protect individual and institutional investors in state and federal courts nationwide. For more information about the firm and class action cases in general, please visit our website: www.theyounglf.com. Legal Notice: Pursuant to the laws of certain states of the United States this press release may be considered attorney advertising. That The Young Law Firm may have recovered money and other benefits for shareholders in the past does not mean they will do so again. Past performance does not guarantee future results. We are further obliged to tell you that The Young Law Firm may divide legal fees with other law firms and / or seek referral fees in connection with the content of this message. Contact: The Young Law Firm Henry Young Esq. Toll Free: (888) 452-7252 firstname.lastname@example.org
ATTENTION SHAREHOLDERS: The Sale of MEMSIC, Inc. (MEMS) Under Investigation by The Young Law Firm
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