ANEN Anaren, Inc. (MM)

The law firm of Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating the actions of the Board of Directors and senior management of Anaren, Inc. (“Anaren” or the “Company”) (NasdaqGS:ANEN) for potential breaches of fiduciary duties in connection with the sale of the Company to an affiliate of The Veritas Capital Fund IV, L.P. (“Veritas”), which already owns over 12% of the Company’s outstanding common stock. Under the terms of the proposed transaction, Anaren's stockholders will receive $28.00 for each share of Anaren common stock they own. Moreover, on November 27, 2013, Anaren and its management team filed with the Securities and Exchange Commission a Schedule 14A Preliminary Proxy Statement (“Preliminary Proxy”) that they intend to send to stockholders as part of the solicitation of proxies by the Anaren Board to complete the proposed transaction.

The investigation concerns whether the Anaren Board of Directors breached their fiduciary duties to stockholders by failing to consider all available strategic alternatives and whether the Preliminary Proxy omits material information concerning the process employed to sell the Company to Veritas, and whether the proposed consideration is adequate in light of the Company’s circumstances. Indeed, members of Anaren’s management and Board also have executed a voting agreement whereby the have agreed to vote their shares in favor of the deal.

Wolf Haldenstein has represented individual and institutional investors for many years, serving as lead counsel in numerous cases in United States federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm. For further information on this matter please click here.

Please contact us if you are a stockholder of Anaren securities who purchased shares before November 4, 2013, and wish to discuss this matter with us. There is no cost to stockholders.

  Gregory M. Nespole, Esq. Wolf Haldenstein Adler Freeman & Herz LLP 270 Madison Avenue New York, New York 10016   Phone Numbers: (800) 575-0735 (212) 545-4657  

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Wolf Haldenstein Adler Freeman & Herz LLPGregory M. Nespole, Esq.(800) 575-0735(212) 545-4657