HSN, Inc.

Kessler Topaz Meltzer & Check LLP is investigating a potential action on behalf of shareholders of HSN, Inc. (“HSN”).

About HSN

HSN operates as an interactive multi-channel retailer in the United States.  The company sells electronics, home goods, fashion items and fitness products to consumers through cable, network, and satellite shows.

On July 6, 2017, HSN announced that it had agreed to be acquired by one of its major shareholders, Liberty Interactive Corp. (“Liberty”) (Nasdaq: QVCA).  Under the terms of the transaction, HSN shareholders will receive 1.65 shares of Liberty’s Series A QVC Group common stock for each share of HSN common stock that they own.

Alleged Wrongful Conduct

Kessler Topaz Meltzer & Check LLP is investigating potential breaches of fiduciary duties by HSN’s Board of Directors in connection with the company’s acquisition by Liberty.  Our investigation focuses on the fairness of the sale of HSN to Liberty, and the adequacy of the consideration that HSN’s shareholders are expected to receive in the acquisition.

If you currently own shares of HSN (Nasdaq: HNSI) and would like to learn more about our investigation, please fill out our online form or contact us today.