Law Offices of Howard G. Smith Announces Investigation of Costa Inc.

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BENSALEM, Pa.--(BUSINESS WIRE)--

Law Offices of Howard G. Smith announces that it is investigating potential claims against the Board of Directors of Costa Inc. (“Costa” or the “Company”) 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 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.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847 or 888-638-4847
howardsmith@howardsmithlaw.com
http://www.howardsmithlaw.com

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