FGXI Fgx International Holdings Lim (MM)

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of FGX International Holding Ltd (“FGX” or the “Company”) (Nasdaq:FGXI) related to the proposed acquisition by Essilor International.

Under the terms of the transaction, FGX stockholders will receive $19.75 in cash for each share of FGX common stock they own. The transaction is valued at approximately $465 million. The investigation concerns whether the board breached their fiduciary duties by agreeing to an unfair or inadequate share price and various deal protections that may prevent other superior offers. These protections include a termination fee of $18.3 million.

If you are a FGX shareholder and wish to discuss the legal ramifications of the Board’s actions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, 9595 2 Bala Cynwyd, Suite 602, Bala Cynwyd, PA 19004, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90.

Fgx International Holdings Lim (MM) (NASDAQ:FGXI)
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Fgx International Holdings Lim (MM) (NASDAQ:FGXI)
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