INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Luxottica Group of an Investigation Concerning the Fairness of the Sale of the Company to Essilor

NEW YORK--(BUSINESS WIRE)--

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Luxottica Group LUX stock prior to January 16, 2017.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Luxottica to Essilor. Under the terms of the transaction, Luxottica shareholders will receive 0.461 Essilor shares for each share of Luxottica they own. As part of the transaction, Delfin will contribute its entire stake in Luxottica (approximately 62% of the Company's outstanding shares) for the same ratio, ultimately owning approximately 31-38% of the post-merger entity's shares. Luxottica's Executive Chairman, Leonardo Del Vecchio, will serve as Executive Chairman and CEO of the post-merger entity. To learn more about the investigation and your rights, go to:

http://zlk.9nl.com/luxottica-lux

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

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