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.
(firmenpresse) - 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 , 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 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 similar outcomes.
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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Datum: 23.04.2013 - 15:56 Uhr
Sprache: Deutsch
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