NEW YORK, Nov. 20, 2013 /PRNewswire/ -- Juan E.
Monteverde, a partner at Faruqi & Faruqi, LLP, a leading
national securities firm headquartered in New York City, is investigating the Board of
Directors of Costa Inc. ("Costa" or the "Company") (NasdaqGM: ATX)
for potential breaches of fiduciary duties in connection with their
conduct related to the sale of the Company to Essilor International
in a cash deal valued at approximately $270
million. Under the terms of the proposed transaction,
Costa stockholders will receive $21.50 for each share of Costa common stock they
own.
Request more information now by clicking here:
www.faruqilaw.com/ATX. There is no cost or obligation to
you.
The investigation focuses on whether Costa's Board of Directors
breached their fiduciary duties to the Company's stockholders by
failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
Costa's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
latest securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Costa Inc. and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ATX or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP.
The law firm responsible for this advertisement is Faruqi &
Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
SOURCE Faruqi & Faruqi, LLP
