Lawsuit Overview
Mar. 13, 2013 (Shareholders Foundation) -- An investor in shares of Hot Topic, Inc. (NASDAQ:HOTT) filed a lawsuit in effort to stop the proposed takeover of Hot Topic, Inc. by Sycamore Partners at $14.00 per NASDAQ:HOTT share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:HOTT stockholders by agreeing to sell the company too cheaply via an ...
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