SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Fisher

  SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into
  Possible Breaches of Fiduciary Duty by the Board of Fisher Communications,
  Inc. in Connection with the Sale of the Company to Sinclair Broadcast Group,
  Inc.

Business Wire

NEW YORK -- April 12, 2013

Levi & Korsinsky is investigating the Board of Directors of Fisher
Communications, Inc. (“Fisher” or the “Company”) (NasdaqGS: FSCI) for possible
breaches of fiduciary duty and other violations of state law in connection
with the sale of the Company to Sinclair Broadcast Group, Inc. (NasdaqGS:
SBGI).

Click here to learn more about the investigation
http://zlk.9nl.com/fisher-communications/, or call: 877-363-5972. There is no
cost or obligation to you.

Under the terms of the transaction, Fisher shareholders will receive $41.00
for each share of Fisher stock they own. The transaction has a total
approximate value of $373 million. The investigation concerns whether the
Fisher Board of Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter into the
transaction, and whether Sinclair Broadcast Group, Inc. is underpaying for
Fisher stock, thus unlawfully harming Fisher stockholders.

If you own common stock in Fisher and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/fisher-communications/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

Contact:

Levi & Korsinsky, LLP
Joseph Levi, Esq. / Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
 
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