The Law Offices of Todd M. Garber announces that it is investigating potential claims against the Board of Directors of Costa Inc. (“Costa” or the “Company”) (NASDAQ:ATX) related to the proposed acquisition of the Company by Essilor International. The transaction is valued at approximately $270 million, or $21.50 per share.

This investigation concerns whether the Board of Directors of Costa breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the proposed transaction, and whether the Company has disclosed all material information to shareholders about the transaction. The Company has seen substantial recent growth. Its share price has skyrocketed from $8.51 on November 8th, 2012 to $20.99 on November 5th, 2013. Further, at least one analyst has set a target price for the Company’s stock at $29 per share.

If you are a shareholder of Costa, if you have information or would like to learn more about our investigation, 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 Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to info@toddgarberlaw.com.

Law Offices of Todd M. GarberTodd M. Garber, Esquire213-700-7262info@toddgarberlaw.com

Costa Inc. (NASDAQ:ATX)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Costa Inc. Charts.
Costa Inc. (NASDAQ:ATX)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Costa Inc. Charts.