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SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Metalico, Inc. of Commencement of an Investigation Concerning the Fairness of the Sale of the Company to Total Merchant Limited

The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Metalico, Inc. stock prior to June 16, 2015.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Metalico, Inc. (NYSE MKT: MEA) to Total Merchant Limited for $0.60 in cash per share. To learn more about the investigation and your rights, go to:

http://zlk.9nl.com/metalico-mea

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. 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.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com