ReleaseWire

Fisher Communications, Inc. (NASDAQ:FSCI) Long-Term Investor Alert: Investigation over potential Wrongdoing

An investigation for investors in shares of Fisher Communications, Inc. (NASDAQ:FSCI) over potential wrongdoing by certain officers and directors of was announced and NASDAQ:FSCI stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

Posted: Wednesday, March 20, 2013 at 9:45 AM CDT

San Diego, CA -- (SBWire) -- 03/20/2013 --An investigation on behalf of investors in shares of Fisher Communications, Inc. (NASDAQ:FSCI) was announced concerning whether certain Fisher Communications officers and directors possibly breached their fiduciary duties.

Investors who are current long term stockholders of shares of Fisher Communications, Inc. (NASDAQ:FSCI), have certain options and should contact the Shareholders Foundation at mail(at)shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain Fisher Communications, Inc. officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

Fisher Communications, Inc. (NASDAQ:FSCI) reported that its annual Total Revenue declined from $174.40 million in 2010 to $163.97 million in 2011 and that its Net Income increased from $9.75 million in 2010 to $35.44 million in 2011. For the first three quarters in 2012 Fisher Communications, Inc. reported a combined nine months Total Revenue of $116.10 million with a combined nine months Net Income of $4.72 million.

On Feb. 28, 2013, Fisher Communications, Inc. reported its fourth quarter and fully Year 2012 financial results. Fisher Communications, Inc. reported that its annual Total Revenue rose to $168.2 million in 2012, compared to $163.97 million in 2011 and that its Net Income declined to $13.19 million in 2012.

Shares of Fisher Communications, Inc. (NASDAQ:FSCI) closed on March 19, 2013, at $38.39 per share.

Those who are current long term stockholders of shares of Fisher Communications, Inc. (NASDAQ:FSCI), have certain options and should contact the Shareholders Foundation..

Contact:
Shareholders Foundation, Inc.
Joelle Day
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com