NEW YORK, Feb. 18, 2014 /PRNewswire/ -- Levi &
Korsinsky commenced an investigation of the Board of Directors
of LCA-Vision Inc. ("LCA" or "the Company") (NasdaqGS: LCAV) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to PhotoMedex, Inc.
(NasdaqGS: PHMD).
(Logo: http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
)
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
investigation concerns 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 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
SOURCE Levi & Korsinsky, LLP