Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Fisher Communications, Inc. (FSCI)
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading
national securities firm headquartered in New York City, is
investigating the Board of Directors of Fisher Communications, Inc.
(“Fisher” or the “Company”) (NASDAQ: FSCI) for potential breaches of
fiduciary duties in connection with their conduct related to the sale of
the Company to Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) in an
all-cash deal valued at approximately $373.3 million. Under the terms of
the proposed transaction, Fisher’s stockholders will receive $41 in cash
for each share of Fisher common stock they own.
Request more information now by clicking here: www.faruqilaw.com/FSCI.
There is no cost or obligation to you.
The investigation focuses on whether Fisher’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by failing
to conduct an adequate and fair sales process prior to agreeing to this
proposed transaction, whether and by how much this proposed transaction
undervalues the Company to the detriment of Fisher’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Fisher and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/FSCI
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
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