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HSN, Inc. (NASDAQ:HSNI) Investor Investigation Over Potential Breaches Of Fiduciary Duties Announced

  • If you purchased shares of HSN, Inc. (NASDAQ:HSNI), you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
HSN, Inc.
Security
NASDAQ: HSNI

Summary

March 10, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of HSN, Inc. (NASDAQ:HSNI) shares was announced over potential breaches of fiduciary duties by certain officers and directors at HSN, Inc.

The investigation by a law firm concerns whether certain HSN officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
HSN, Inc. reported that its annual Total Revenue rose from over $3.4 billion in 2013 to over $3.58 billion in 2014 and that its respective Net Income declined from $178.45 million to $172.98 million.
Shares of HSN, Inc. (NASDAQ:HSNI) grew from $52.02 per share in November 2013 to as high as $77.44 per share in late January 2015.

Shares of HSN, Inc. (NASDAQ:HSNI) declined from $77.96 per share on February 4, 2015, to as low as $64.75 per share on February 5, 2015.

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