Finkelstein Thompson LLP Announces Investigation of Hot Topic, Inc.
The law firm Finkelstein Thompson LLP is investigating potential claims
on behalf of shareholders of Hot Topic, Inc. (NASDAQ: HOTT) (“Hot Topic”
or “the Company”), concerning the proposed acquisition of the Company by
Sycamore Partners. Under the terms of the transaction, shareholders
would receive $14.00 per share in cash. The total value of the
transaction is approximately $600 million.
The investigation is focused on the potential unfairness of the
consideration to shareholders, the process by which the Company’s Board
of Directors considered the transaction, as well as potential conflicts
of interest among Hot Topic’s Board members.
If you are interested in discussing your rights as a Hot Topic
shareholder, or have information relating to this investigation, please
contact Finkelstein Thompson’s Washington, DC offices at (202)-337-8000
or by email at contact@finkelsteinthompson.com.
Finkelstein Thompson LLP has spent over three decades delivering
outstanding representation to institutional and individual clients in
financial litigation, and has been appointed as lead or co-counsel in
dozens of shareholder class actions. Indeed, the firm has served in
leadership roles in cases that have recovered over $1 billion for
investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our website
at www.finkelsteinthompson.com.
Attorney advising. Prior results do not guarantee similar outcomes.
