ATLANTA, Dec. 17, 2009 (GLOBE NEWSWIRE) -- Holzer Holzer & Fistel, LLC is investigating whether directors of FGX International Holdings Limited ("FGX" or the "Company") (Nasdaq:FGXI) complied with their fiduciary duties in approving the proposed buyout of FGX by Essilor International ("Essilor"). According to the Company's announcement, FGX shareholders will receive $19.75 in cash for each share of FGX stock they own. The investigation seeks to determine, among other things, whether the deal price is fair and adequate.
Current holders of FGX common stock with questions concerning their legal rights are encouraged to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel, Jr., Esq. or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.
Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.