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Press release from Business Wire

Rosen Law Firm Announces Investigation of Hot Topic, Inc. in Connection with its Sale to Sycamore Partners – HOTT

Saturday, March 09, 2013

Rosen Law Firm Announces Investigation of Hot Topic, Inc. in Connection with its Sale to Sycamore Partners – HOTT10:28 EST Saturday, March 09, 2013 NEW YORK (Business Wire) -- The Rosen Law Firm, P.A. is investigating the Board of Directors of Hot Topic, Inc. (NASDAQ GS: HOTT) for possible breaches of fiduciary duty and other violations of state law in connection with its sale of the Company to Sycamore Partners, a private equity firm. If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you. Under the terms of the transaction, shareholders will receive $14.00 for each share of Hot Topic stock they own. The investigation relates to whether the price of $14.00 per share is fair to public shareholders and whether Hot Topic's Board breached its fiduciary duties in connection with the transaction. If you own Hot Topic common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Attorney Advertising. Prior results do not guarantee a similar outcome. The Rosen Law Firm P.A.Phillip Kim, Esq.Laurence Rosen, Esq.275 Madison Avenue 34th FloorNew York, New York 10016Tel: (212) 686-1060Toll Free: 1-866-767-3653Fax: (212) 202-3827pkim@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com