Artio Global Investors Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues and other operating income of $15,596,000 against $43,930,000 a year ago. Operating loss before income tax expense was $11,614,000 against operating income before income tax expense of $8,234,000 a year ago. Loss before income tax expense was $9,933,000 against income before income tax expense of $10,790,000 a year ago. Net loss attributable to the company was $10,742,000 or $0.18 per basic and diluted share against net income attributable to the company of $4,600,000 or $0.08 per basic and diluted share a year ago. Non-GAAP operating loss before income tax expense was $8,218,000 against non-GAAP operating income before income tax expense of $10,778,000 a year ago. Non-GAAP loss before income tax expense was $7,081,000 against non-GAAP income before income tax expense of $12,727,000 a year ago. Non-GAAP net loss attributable to the company was $5,166,000 or $0.09 per diluted share against non-GAAP net income attributable to the company of $6,461,000 or $0.11 per diluted share a year ago. LBITDA was $6,902,000 against EBITDA of $15,357,000 a year ago. Adjusted LBITDA was $4,506,000 against adjusted EBITDA of $13,635,000 a year ago.

Levi & Korsinsky notified investors of Artio Global Investors Inc. of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the company in connection with the sale of the company to Aberdeen Asset Management plc A complaint was filed in Delaware state court. Under the terms of the transaction, Artio Global shareholders will receive $2.75 for each share of Artio Global stock they own. Shareholders representing approximately 45% of the company's outstanding shares have already agreed to tender their shares. The claims concern whether the Artio Global Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the company before entering into this transaction and whether Aberdeen Asset Management PLC is underpaying for Artio Global shares, thus unlawfully harming Artio Global stockholders.

Artio Global Investors Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company net loss was $921,000 and net loss attributable to the company was $1,538,000 or $0.03 per basic and diluted share on total revenues and other operating income was $20,789,000 against net income was $8,600,000 and net income attributable to the company was $8,258,000 or $0.14 per basic and diluted share on total revenues and other operating income was $51,910,000 a year ago. Total revenues and other operating income decreased 60% from the fourth quarter of 2011, driven primarily by a 60% decrease in investment management fees as average AUM declined 52% to $15,900,000,000 and the average fee rate declined to 51 basis points over the same period. Operating loss before income tax expense was $4,113,000 compared to operating income before income tax expense was $15,548,000 a year ago. Non-operating income was $2,670,000 compared to $76,000 a year ago. Loss before income tax expense was $1,443,000 compared to income before income tax expense was $15,624,000 a year ago. On Non-GAAP basis, net income and net income attributable to the company was $1,528,000 or $0.02 per diluted share on total revenues and other operating income was $20,789,000 against net income and net income attributable to the company was $10,004,000 or $0.17 per diluted share on total revenues and other operating income was $51,910,000 a year ago. Operating income before income tax expense was $665,000 compared to $17,914,000 a year ago. Non-operating income was $1,693,000 compared to $41,000 a year ago. Income before income tax expense was $2,358,000 compared to $17,955,000 a year ago. The decrease in adjusted net income was driven primarily by lower investment management fees partially offset by lower expenses. Adjusted EBITDA was $900,000 compared to $20,500,000 a year ago. For the year, the company net loss was $45,594,000 and net loss attributable to the company was $47,510,000 or $0.80 per basic and diluted share on total revenues and other operating income was $124,293,000 against net income was $58,606,000 and net income attributable to the company was $57,853,000 or $0.99 per basic and diluted share on total revenues and other operating income was $276,022,000 a year ago. Operating loss before income tax expense was $17,479,000 compared to operating income before income tax expense was $112,708,000 a year ago. Non-operating income was $148,025,000 compared to non-operating loss was $5,705,000 a year ago. Income before income tax expense was $130,546,000 compared to $107,003,000 a year ago. On Non-GAAP basis, net income and net income attributable to the company was $15,001,000 or $0.25 per diluted share on total revenues and other operating income was $124,293,000 against net income and net income attributable to the company was $73,370,000 or $1.23 per diluted share on total revenues and other operating income was $276,022,000 a year ago. Operating income before income tax expense was $17,863,000 compared to $131,015,000 a year ago. Non-operating income was $4,756,000 compared to non-operating loss was $4,344,000 a year ago. Income before income tax expense was $22,619,000 compared to $126,671,000 a year ago. Adjusted EBITDA was $26,000,000 compared to $141,800,000 a year ago.