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Julie Horn v. Hot Topic Inc et al

  1. July 01, 2015

    Hot Topic Investors Succeed With 2nd Try At Class Settlement

    A California federal judge on Wednesday preliminarily approved a second stab at a $15 million settlement proposal to end an investor class action against Hot Topic Inc. over the company's sale to a private equity firm, saying the investors showed that the award is a worthy return.

  2. June 01, 2015

    Investors Lose First Bid To Clear $15M Hot Topic Settlement

    A California federal judge on Monday denied preliminary approval to a proposed $15 million settlement to end an investor class action against Hot Topic Inc. over the company's sale to a private equity firm, saying there isn't enough information about the potential value of the case.

  3. May 01, 2015

    Hot Topic Will Pay $15M To End Lawsuit Over $600M Sale

    Mall retailer Hot Topic Inc. will pay $14.9 million to end an investor class action claiming the company's $600 million sale to a private equity firm swept value under the rug and duped shareholders, according to a motion filed Thursday in California federal court.

  4. November 03, 2014

    Hot Topic Investors Win Class Cert. In $600M Acquisition Row

    A California federal judge on Monday certified a class of investors alleging Hot Topic Inc. mislead shareholders over private equity firm Sycamore Partners LLC's $600 million purchase of the shopping mall mainstay, finding the plaintiffs had met the superiority requirement needed for certification.

  5. May 05, 2014

    Sycamore Escapes Hot Topic Merger Class Action

    A California federal judge on Friday freed Sycamore Partners LLC from a putative investor class action alleging its $600 million purchase of Hot Topic Inc. undervalued the retail chain, while finding the plaintiffs sufficiently supported claims that Hot Topic's directors misled shareholders about the company's financial prospects.