Rosen Law Firm Announces Investigation of Hot Topic, Inc. in Connection with its Sale to Sycamore Partners – HOTT
March 09 2013 - 10:28AM
Business Wire
The Rosen Law Firm, P.A. is investigating the Board of Directors
of Hot Topic, Inc. (NASDAQ GS: HOTT) for possible breaches of
fiduciary duty and other violations of state law in connection with
its sale of the Company to Sycamore Partners, a private equity
firm.
If you would like to join the action please email or call
Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the transaction, shareholders will receive
$14.00 for each share of Hot Topic stock they own. The
investigation relates to whether the price of $14.00 per share is
fair to public shareholders and whether Hot Topic’s Board breached
its fiduciary duties in connection with the transaction.
If you own Hot Topic common stock and wish to obtain additional
information, you may 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.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Hot Topic (NASDAQ:HOTT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Hot Topic (NASDAQ:HOTT)
Historical Stock Chart
From Dec 2023 to Dec 2024