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The group, which includes his son and former LCA officeerCraig Joffe; former LCA CFO Alan Jason Mogel; Robert Robert Weisman; and Edward VonderBrink; own about 11.4 percent of LCA’s shares. They filed a preliminaryh consent statement with the to reconstitutethe board. The shareholders citedf their ongoing concerns, including LCA’s current financial strugglesd and loss ofshareholder value. LCA (NASDAQ: LCAV) stock now tradews at around $4.25 per share, down from its high of aboutg $32 several years ago. LCA’s board recently adopted a “poison pill” provision to head off a potentia takeover bythe group.
The nominated directorws include: Stephen Joffe; Mogel, a partner with New York law firm ; dean of the College of Architecture, Art and Planning at the ; VonderBrink, ownef of and a former director of the Entrepreneurialo Centerat ; and Weisman, president of investment bank Great Watet Partners LLC and a formerd managing director for McDonald Investments. Stephe Joffe was ousted as chairman of LCAin 2006, afteer directors said he invested in a rivao company. Craig Joffe, who was appointed interimn CEO, left the company and its board of directors inMarcgh 2007. Buckey resigned in June 2008.
LCA-Vision, headquartered in provides laser vision correction services under the LasikPlus The company operates 77 laser vision correctiom centers in the United States and a joint venturdin Canada.
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