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<TITLE>Form 8-K</TITLE>
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 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, DC 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:16pt; font-family:Times New Roman" ALIGN="center"><B>FORM 8-K
</B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of
Report (Date of earliest event reported): November&nbsp;12, 2013 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>HFF, Inc.
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of Registrant as specified in its charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" ALIGN="center"><B>Delaware</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>001-33280</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>51-0610340</B></TD></TR>
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<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or Other Jurisdiction</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>of Incorporation or Organization)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(Commission File Number)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B>(I.R.S. Employer<BR>Identification No.)</B></TD></TR>
</TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>One Oxford Centre </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>301
Grant Street, Suite 600 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Pittsburgh, Pennsylvania 15219 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(412) 281-8714 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address,
Including Zip Code, and Telephone Number, Including Area Code, of Registrant&#146;s Principal Executive Offices) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former name
or former address, if changed since last report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT></TD>
<TD ALIGN="left" VALIGN="top">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </TD></TR></TABLE> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

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<TD VALIGN="top" NOWRAP>ITEM&nbsp;5.02</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top">DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.</TD></TR>
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<TD VALIGN="top" NOWRAP>ITEM&nbsp;9.01</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top">FINANCIAL STATEMENTS AND EXHIBITS</TD></TR>
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<TD VALIGN="top" NOWRAP>SIGNATURE</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
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<TD VALIGN="top" NOWRAP>EXHIBIT&nbsp;INDEX</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
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<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;5.02</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. </B></TD></TR></TABLE>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On November&nbsp;12, 2013, HFF, Inc. (the &#147;<U>Company</U>&#148;) announced that John H. Pelusi, Jr. delivered a letter of resignation to
the Board of Directors of the Company (the &#147;<U>Board</U>&#148;), voluntarily resigning his positions as Chief Executive Officer and Vice Chairman of the Company and Managing Member of Holliday Fenoglio Fowler, L.P. (&#147;<U>HFF LP</U>&#148;)
and HFF Securities L.P. (&#147;<U>HFF Securities</U>, together with HFF LP, the &#147;<U>Operating Partnerships</U>&#148;), effective April&nbsp;1, 2014. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">On November&nbsp;12, 2013, the Board appointed Mark D. Gibson, a current director and Vice Chairman of the Company, as Chief Executive Officer
of the Company, effective April&nbsp;1, 2014, and appointed Mr.&nbsp;Joe&nbsp;B. Thornton, Jr., a current director and Vice Chairman of the Company, as President of the Company, effective April&nbsp;1, 2014. Mr.&nbsp;Thornton was also elected by the
executive committees of the Operating Partnerships as Managing Member of the Operating Partnerships, effective April&nbsp;1, 2014. A copy of the press release announcing Mr.&nbsp;Pelusi&#146;s voluntary resignation and Mr.&nbsp;Gibson&#146;s and
Mr.&nbsp;Thornton&#146;s appointments is attached hereto as Exhibit 99.1 and is incorporated herein by reference. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Gibson, 54,
became a director and Vice Chairman of the Company in November 2006. Mr.&nbsp;Gibson agreed to resign from his directorship in May 2009 to insure that the Company remained in compliance with the listing standards of the New York Stock Exchange at
such time, and he was re-elected to the Board as a director and Vice Chairman in October 2009. Mr.&nbsp;Gibson is one of the Company&#146;s founding partners, having joined the Company&#146;s predecessor firm, Holliday Fenoglio&nbsp;&amp; Company,
in 1984. Mr.&nbsp;Gibson has held the position of executive managing director of HFF LP since 2003, served as a member of either HFF LP&#146;s executive and/or operating committee, when each was the governing committee, from 2003 to 2010 and has
served as a member of HFF LP&#146;s executive committee since 2010. Mr.&nbsp;Gibson also served as the co-office head of the Company&#146;s Dallas office from 2003 through 2010 and currently leads the Company&#146;s investment sales, HFF Securities
and investment banking business lines. He has also been a member of the operating committee of HFF Holdings LLC since 2003. Mr.&nbsp;Gibson is a member of IOPC Gold in the Urban Land Institute; chairman of the University of Texas Real Estate Finance
and Investment Center; a member of the board of visitors at UT Southwestern University Hospitals and Clinics; member of the McCombs School of Business Advisory Council at The University of Texas at Austin; board member of Baylor Health Care System
Foundation; board member and program chair for AFIRE; past chairman of the Real Estate Council of Dallas (2011-2012); member of both ICSC and NAIOP; and a member of Young Presidents Organization. Mr.&nbsp;Gibson graduated in 1981 from the University
of Texas at Austin with a B.B.A. in Finance. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Thornton, 53, became a director and a Vice Chairman of the Company in November
2006. In addition, he holds the position of executive managing director of HFF LP. Mr.&nbsp;Thornton has served as a member of the executive committee of HFF LP since 2010 and currently leads the Company&#146;s note sales line of business.
Previously, Mr.&nbsp;Thornton served as a member of either HFF LP&#146;s executive and/or operating committee, when each was the governing committee, from 2003 to 2010 and also served as co-head of the Company&#146;s Dallas office during that time
period. Mr.&nbsp;Thornton has also been a member of the operating committee of HFF Holdings LLC since 2003. Mr.&nbsp;Thornton joined HFF LP&#146;s predecessor firm, Holliday Fenoglio, Inc., in March 1992. He has held several senior positions with
the firm, including Board member and principal. Prior to 1992, he was a senior vice president of The Joyner Mortgage Company, Inc., where he was responsible for the origination of commercial mortgage and equity transactions, and a senior accountant
with the Audit Division of Peat Marwick Mitchell&nbsp;&amp; Co. Mr.&nbsp;Thornton is a Member of the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for the MBA and an Executive Council Member of the UT Real Estate
Finance&nbsp;&amp; Investment Center at the University of Texas. Mr.&nbsp;Thornton is a licensed Real Estate Salesman in the State of Texas. Mr.&nbsp;Thornton graduated from the University of Texas at Austin with a B.B.A. in Accounting in 1982. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Gibson and Mr.&nbsp;Thornton have been members of the operating committee of HFF Holdings LLC since 2003. For a description of the
Company&#146;s arrangements with HFF Holdings, see the discussion under the heading &#147;Certain Relationships and Related Party Transactions&#148; in the Company&#146;s proxy statement on Schedule&nbsp;14A filed with the Securities and Exchange
Commission on April&nbsp;30, 2013. </P>

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<TD WIDTH="9%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>(d) Exhibits </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom"><FONT STYLE="font-size:8pt">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top">Press Release, dated November&nbsp;12, 2013</TD></TR>
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<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="top" COLSPAN="3">HFF, INC.</TD></TR>
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<TD VALIGN="top">Dated: November&nbsp;13, 2013</TD>
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<TD VALIGN="top">By:</TD>
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<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000">/s/ Gregory R. Conley</TD></TR>
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<TD VALIGN="top">Gregory R. Conley</TD></TR>
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<TD VALIGN="bottom">Chief Financial Officer</TD></TR>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">EXHIBIT INDEX </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
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<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1.00pt solid #000000; width:55.75pt; font-size:8pt; font-family:Times New Roman"><B>Exhibit&nbsp;Number</B></P></TD>
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<TD VALIGN="bottom"> <P STYLE="border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


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<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release, dated November 12, 2013</TD></TR>
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Form 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event reported): November 12, 2013
HFF, Inc.
(Exact name of Registrant as specified in its charter)
Delaware
001-33280
51-0610340
(State or Other Jurisdiction
of Incorporation or Organization)
(Commission File Number)
(I.R.S. Employer
Identification No.)
One Oxford Centre
301
Grant Street, Suite 600
Pittsburgh, Pennsylvania 15219
(412) 281-8714
(Address,
Including Zip Code, and Telephone Number, Including Area Code, of Registrant's Principal Executive Offices)
(Former name
or former address, if changed since last report)
Check the appropriate box below
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TABLE OF CONTENTS
ITEM 5.02
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURE
EXHIBIT INDEX
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 12, 2013, HFF, Inc. (the "
Company
") announced that John H. Pelusi, Jr. delivered a letter of resignation to
the Board of Directors of the Company (the "
Board
"), voluntarily resigning his positions as Chief Executive Officer and Vice Chairman of the Company and Managing Member of Holliday Fenoglio Fowler, L.P. ("
HFF LP
")
and HFF Securities L.P. ("
HFF Securities
, together with HFF LP, the "
Operating Partnerships
"), effective April 1, 2014.
On November 12, 2013, the Board appointed Mark D. Gibson, a current director and Vice Chairman of the Company, as Chief Executive Officer
of the Company, effective April 1, 2014, and appointed Mr. Joe B. Thornton, Jr., a current director and Vice Chairman of the Company, as President of the Company, effective April 1, 2014. Mr. Thornton was also elected by the
executive committees of the Operating Partnerships as Managing Member of the Operating Partnerships, effective April 1, 2014. A copy of the press release announcing Mr. Pelusi's voluntary resignation and Mr. Gibson's and
Mr. Thornton's appointments is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Mr. Gibson, 54,
became a director and Vice Chairman of the Company in November 2006. Mr. Gibson agreed to resign from his directorship in May 2009 to insure that the Company remained in compliance with the listing standards of the New York Stock Exchange at
such time, and he was re-elected to the Board as a director and Vice Chairman in October 2009. Mr. Gibson is one of the Company's founding partners, having joined the Company's predecessor firm, Holliday Fenoglio & Company,
in 1984. Mr. Gibson has held the position of executive managing director of HFF LP since 2003, served as a member of either HFF LP's executive and/or operating committee, when each was the governing committee, from 2003 to 2010 and has
served as a member of HFF LP's executive committee since 2010. Mr. Gibson also served as the co-office head of the Company's Dallas office from 2003 through 2010 and currently leads the Company's investment sales, HFF Securities
and investment banking business lines. He has also been a member of the operating committee of HFF Holdings LLC since 2003. Mr. Gibson is a member of IOPC Gold in the Urban Land Institute; chairman of the University of Texas Real Estate Finance
and Investment Center; a member of the board of visitors at UT Southwestern University Hospitals and Clinics; member of the McCombs School of Business Advisory Council at The University of Texas at Austin; board member of Baylor Health Care System
Foundation; board member and program chair for AFIRE; past chairman of the Real Estate Council of Dallas (2011-2012); member of both ICSC and NAIOP; and a member of Young Presidents Organization. Mr. Gibson graduated in 1981 from the University
of Texas at Austin with a B.B.A. in Finance.
Mr. Thornton, 53, became a director and a Vice Chairman of the Company in November
2006. In addition, he holds the position of executive managing director of HFF LP. Mr. Thornton has served as a member of the executive committee of HFF LP since 2010 and currently leads the Company's note sales line of business.
Previously, Mr. Thornton served as a member of either HFF LP's executive and/or operating committee, when each was the governing committee, from 2003 to 2010 and also served as co-head of the Company's Dallas office during that time
period. Mr. Thornton has also been a member of the operating committee of HFF Holdings LLC since 2003. Mr. Thornton joined HFF LP's predecessor firm, Holliday Fenoglio, Inc., in March 1992. He has held several senior positions with
the firm, including Board member and principal. Prior to 1992, he was a senior vice president of The Joyner Mortgage Company, Inc., where he was responsible for the origination of commercial mortgage and equity transactions, and a senior accountant
with the Audit Division of Peat Marwick Mitchell & Co. Mr. Thornton is a Member of the Commercial Real Estate/Multifamily Finance Board of Governors (COMBOG) for the MBA and an Executive Council Member of the UT Real Estate
Finance & Investment Center at the University of Texas. Mr. Thornton is a licensed Real Estate Salesman in the State of Texas. Mr. Thornton graduated from the University of Texas at Austin with a B.B.A. in Accounting in 1982.
Mr. Gibson and Mr. Thornton have been members of the operating committee of HFF Holdings LLC since 2003. For a description of the
Company's arrangements with HFF Holdings, see the discussion under the heading "Certain Relationships and Related Party Transactions" in the Company's proxy statement on Schedule 14A filed with the Securities and Exchange
Commission on April 30, 2013.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
99.1
Press Release, dated November 12, 2013
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
HFF, INC.
Dated: November 13, 2013
By:
/s/ Gregory R. Conley
Gregory R. Conley
Chief Financial Officer
EXHIBIT INDEX
Exhibit Number
Description
99.1
Press Release, dated November 12, 2013