UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of The Securities Exchange
Act
of
1934
Date
of
Report (Date of Earliest Event Reported):
November
8, 2006
MEASUREMENT
SPECIALTIES, INC.
(Exact
name of registrant as specified in its charter)
New
Jersey
|
1-11906
|
22-2378738
|
(State
or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS
Employer Identification
No.)
|
|
|
|
1000
Lucas Way, Hampton, VA 23666
(Address
of principal executive offices) (Zip Code)
(757)
766-1500
Registrant's
telephone number, including area code
(Former
name or former address, if changed since last report.)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
□ |
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
□ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
□ |
Pre-commencement
communications pursuant to Rule 14d-2(b)under the Exchange Act (17
CFR
240.14d- 2(b))
|
□ |
Pre-commencement
communications pursuant to Rule 13e-4(c)under the Exchange Act (17
CFR
240.13e- 4(c))
|
Item
5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
(d)
On
November 8, 2006, Kenneth E. Thompson, was elected to the Board of Directors
of
Measurement Specialties, Inc. (the “Registrant”) to fill the vacancy on the
Board created as a result of an increase in the size of the Board from five
to
six directors. In accordance with the By-laws of the Registrant, Mr. Thompson
will serve until the 2007 annual meeting of shareholders and, if he is elected
by the shareholders at that meeting, will remain in the class of Directors
whose
term expires at the 2008 annual meeting of shareholders.
As
of
November 8, 2006, Mr. Thompson has not been named to serve on any committee
of
the Board of Directors.
Until
September 30, 2006, Mr. Thompson was a partner of McCarter & English, LLP,
the Registrant’s primary outside legal counsel. Effective October 1, 2006, Mr.
Thompson terminated his relationship with McCarter & English, LLP, to become
Senior Vice President and General Counsel of Insurance Services Office, Inc.,
a
privately held corporation that is a leading provider of products and services
that help measure, manage and reduce risk. Since the beginning of the
Registrant’s fiscal year ended March 31, 2006 through September 30, 2006, the
Registrant paid an aggregate of approximately $737,000 in legal fees and
expenses to McCarter & English, LLP.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
The
following exhibit is filed as part of this report:
|
99.1 |
Press
release issued by Measurement Specialties, Inc., dated November 10,
2006.
|
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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|
|
|
MEASUREMENT
SPECIALTIES, INC.
(Registrant)
|
|
|
|
|
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/s/ Frank
D.
Guidone |
|
Frank
D. Guidone |
|
Chief
Executive Officer |
Date:
November 13, 2006