LCA-Vision board opposed to former CEO's consent solicitation

By Lisa Kerner

Charlotte, N.C., Dec. 29 - LCA-Vision Inc.'s board of directors said it is strongly opposed to the Joffe group's consent solicitation and encouraged the company's shareholders to refrain from taking any action until they receive the board's recommendation and accompanying explanation.

According to LCA-Vision, the board has undertaken "a prudent and achievable strategic plan to return the company to profitability."

As previously reported, LCA-Vision founder and former chief executive officer Stephen Joffe, former chief operating officer Craig Joffe and former executive vice president of finance Alan Buckey formed the LCA-Vision Full Value Committee.

The committee is seeking to remove and replace the current members of the board of the Cincinnati-based laser vision correction services company.

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