Hastings Entertainment Shareholders Suing

Published 04/14 2014 04:04PM

Updated 04/14 2014 09:14PM

AMARILLO -- Several shareholders with Hastings Entertainment are suing. They say the amount they were paid for their stock was too low.

Last month, we told you about plans for another company, Draw Another Circle LLC, to buy out the company at $3 a share.

The stockholders filing the lawsuit say the $3 per share is too low of a price.

Barring any further legal action, the buyout is expected to close this quarter.

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