Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Hot Topic, Inc. Shareholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Hot Topic, Inc. (“Hot Topic” or the “Company”) (NASDAQ: HOTT) related to the proposed acquisition of the Company by Sycamore Partners, a private equity firm. Under the terms of the agreement, Sycamore Partners will acquire Hot Topic for a cash purchase price of $14.00 per share, valuing the Company at approximately $600 million.