EQUITY ALERT: The Rosen Law Firm Announces Investigation of Insite Vision Inc. Concerning its Proposed Sale to QLT Inc.

NEW YORK--(BUSINESS WIRE)--

The Rosen Law Firm, a global investor rights law firm, announces that it is investigating the Board of Directors of Insite Vision Inc. INSV for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Insite Vision Inc. to maximize shareholder value before agreeing to be acquired by QLT Inc. QLTI.

If you would like to join the action, go to the firm's website at http://rosenlegal.com/cases-635.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the proposed transaction, shareholders will receive 0.048 shares of QLT for each share of Insite Vision common stock they own. The investigation relates to whether the proposal is fair to the public shareholders of Insite Vision and whether Insite Vision's Board breached its fiduciary duties in connection with the proposed sale.

If you currently own shares of Insite Vision and wish to obtain additional information, please visit the firm's website at http://rosenlegal.com/cases-635.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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