NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of HSN, Inc. (NASDAQ: HSNI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Liberty Interactive Corporation (NASDAQ:QVCA). Under the terms of the deal, HSN shareholders will receive 1.65 shares of Series A QVC Group common stock for every share of HSN common stock they own.
The investigation concerns whether the HSN Board of Directors breached their fiduciary duties to HSN stockholders by failing to adequately shop the Company before entering into this transaction and whether Liberty is underpaying for HSN shares, thus unlawfully harming HSN stockholders.
If you own common stock in HSN and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/HSNI-Info-Request-Form-1651.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
