Faruqi and Faruqui, LLP Logo
Share this page

Geeknet, Inc. (GKNT)

(NASDAQ: GKNT)

Summary

Faruqi & Faruqi, LLP Announces the Investigation of Geeknet, Inc. (GKNT) Over the Proposed Sale of the Company to Hot Topic

May 26, 2015 –Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Geeknet, Inc. (“Geeknet” or the “Company”) (NASDAQ: GKNT) for potential breaches of fiduciary duties in connection with the sale of the Company to Hot TOpic for approximately $122 million.  The Company’s stockholders will only receive $17.50 for each share of Geeknet common stock they own. Geeknet stock has traded significantly higher than the offer price over the past two calendar years.

If you own common stock in Geeknet and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Request Information

Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.

  • Company:
    Geeknet, Inc. (GKNT)
  •    

* The submission of this form does not create an attorney-client relationship.

Contact Counsel

MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 05/26/2015

Send Information

If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.