FGXI Fgx International Holdings Lim (MM)

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of FGX International Holdings Limited (“FGX” or the “Company”) (NASDAQ:FGXI) related to the Company’s definitive agreement to merge with a subsidiary of Essilor International (“Essilor”). The all-cash transaction is valued at approximately $565 million, including assumed debt.

Under the terms of the merger agreement entered into by the parties, FGX shareholders will receive $19.75 per share in cash for each share of FGX they own upon completion of the merger. If the merger is completed, FGX will become a wholly-owned subsidiary of Essilor. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by the FGX board of directors.

If you own shares of FGX International Holdings Limited, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

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