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
NEW YORK, NY -- (Marketwired) -- 04/23/13 -- 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
firstname.lastname@example.org 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.
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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