Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Luxottica Group (NYSE: LUX) acted responsibly on behalf of investors’ profitability in the planned $49 billion sale to Essilor International SA (OTC: ESLOY).
On January 16, 2017, Luxottica Group (NYSE: LUX) and Essilor International SA (OTC: ESLOY) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Luxottica shareholders will receive 0.461 Essilor shares for each share of Luxottica they own.
Based in Milan, Italy, and founded in 1961 Luxottica Group provides fashion, luxury, sports, and performance eyewear worldwide.
The investigation focuses on whether NYSE: LUX investors received the highest price and whether the directors of Luxottica Group acted in the best interest of Luxottica Group company and its shareholders.
If you purchased Luxottica Group (NYSE: LUX) prior to January 16, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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