NEW YORK, NY / ACCESSWIRE / September 27, 2017 / The Law Offices of Vincent Wong announces that a class action complaint has been filed in Delaware court challenging the fairness of the sale of HSN, Inc. (NASDAQ: HSNI) to Liberty Interactive Corporation (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 complaint 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.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
SOURCE: The Law Offices of Vincent Wong
ReleaseID: 476456
