New board eyed for LCA-Vision

The LCA-Vision (Cincinnati) Full Value Committee said that it has filed presentations with the SEC in connection with the committee's solicitation of consents to replace the existing board of directors of LCA-Vision with the Full Value Committee's five nominees.

The presentations provide 1) a comprehensive review of the multiple problems currently facing LCAV as a result of the grave failures by the LCAV Board and senior management to prudently manage the critical drivers of the business, 2) specific details about the Full Value Committee's plan for restoring value at LCA-Vision, and 3) a thorough analysis of the reasons it believes the current management's plan is destined to fail.

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