SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of
Breaches of Fiduciary Duty by the Board of Fisher Communications, Inc. in
Connection With the Sale of the Company to Sinclair Broadcast Group, Inc. --
NEW YORK, April 18, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies
investors of Fisher Communications, Inc. ("Fisher" or the "Company")
(Nasdaq:FSCI) of claims of breaches of fiduciary duty and other violations of
state law against the board of directors of the Company in connection with the
sale of the Company to Sinclair Broadcast Group, Inc. (Nasdaq:SBGI). A
complaint was filed in Washington state court.
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 claims concern 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 email@example.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
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
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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