INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Crown Media Holdings Inc. of an Investigation Concerning the Fairness of the Sale of the Company to Hallmark -- CRWN

Mar 15, 2016, 14:58 ET from Levi & Korsinsky, LLP

NEW YORK, March 15, 2016 /PRNewswire-USNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Crown Media Holdings Inc. (NASDAQ: CRWN) stock prior to March 9, 2016.

You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Crown Media Holdings Inc. to Hallmark for $5.05 in cash per share. Hallmark Cards, Incorporated and its affiliates own more than 90% of Crown Media's outstanding stock. To learn more about the action and your rights, go to:

or contact Joseph E. Levi, Esq. either via email at 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, California, 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. 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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