INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of LCA-VISION INC. of Class Action Against Its Board of Directors in...
February 24 2014 - 10:47AM
Marketwired
INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of
LCA-VISION INC. of Class Action Against Its Board of Directors in
Connection With the Sale of the Company to PhotoMedex, Inc. -- LCAV
NEW YORK, NY--(Marketwired - Feb 24, 2014) - Levi &
Korsinsky notifies investors of LCA-Vision Inc. ("LCA" or "the
Company") (NASDAQ: LCAV) of claims of breaches of fiduciary duty
and other violations of state law against the board of directors of
the Company in connection with the sale of the Company to
PhotoMedex, Inc. (NASDAQ: PHMD). A complaint was filed in Delaware
state court.
Click here to learn more: http://zlk.9nl.com/lca-vision-lcav, or
call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, LCA shareholders will
receive $5.37 for each share of LCA common stock they own. The
transaction has a total approximate value of $106.4 million. The
claims concern whether the LCA Board breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether
PhotoMedex, Inc. is underpaying for LCA shares. In particular, at
least one analyst set a price target for LCA stock at $8.00 per
share.
If you own LCA-Vision common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit http://zlk.9nl.com/lca-vision-lcav.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky,
Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212)
363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
www.zlk.com
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