LCA-Vision Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to PhotoMedex
14 Febrero 2014 - 10:17AM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor
LLP are investigating potential claims against the Board of
Directors of LCA-Vision Inc. (“LCA-Vision”) (NasdaqGS: LCAV)
related to the sale to PhotoMedex, Inc. for shareholders. Under the
terms of the definitive merger agreement, which is valued at
approximately $106.4 million, LCA-Vision shareholders will only
receive $5.37 in cash for each share owned, well below at least one
analyst’s estimated value of $8.00 per share.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Willie Briscoe at The
Briscoe Law Firm, PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com, or Patrick Powers at Powers Taylor
LLP, toll free (877) 728-9607, via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.
The LCA-Vision investigation centers on whether LCA-Vision’s
Board of Directors is acting in the shareholders’ best interests,
whether the board is properly considering the proposed price for
the shareholders, and whether the board has employed an adequate
process to review and act on the proposed transaction. Notably, at
least one analyst with Yahoo! Finance estimates that the true
inherent value of LCA-Vision could be as high as $8.00 per
share.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles
a variety of complex business litigation matters, including claims
of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor
LLPPatrick Powers, 877-728-9607shareholder@powerstaylor.com
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