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Deadline Alert: Hasbro, Inc. Investors Encouraged to Seek Legal Counsel

Published December 25, 2024

New York, New York--(Press Release) - WHY: The Rosen Law Firm, a prominent global law firm focused on investor rights, reminds individuals who purchased common stock of Hasbro, Inc. (NASDAQ: HAS) between February 7, 2022, and October 25, 2023 (inclusive), about the crucial January 13, 2025 lead plaintiff deadline.

SO WHAT: Investors who acquired Hasbro common stock during the specified Class Period might be eligible for compensation without any upfront fees or costs, as the firm operates on a contingency fee basis.

WHAT TO DO NEXT: If you wish to join the Hasbro class action lawsuit, please visit this link or contact Phillip Kim, Esq. at 866-767-3653 or via email at [email protected] for more information. A class action lawsuit has already been initiated. To act as lead plaintiff, you must petition the Court by January 13, 2025. The lead plaintiff serves as a representative for all class members in leading the litigation.

WHY CHOOSE ROSEN LAW FIRM: Investors are urged to select legal representatives with proven success rates in leading roles. Many firms merely send out notices without having the necessary experience, resources, or recognition. Some of these firms do not actively pursue litigation in securities class actions but instead refer clients to other attorneys. It is essential to choose the right counsel. The Rosen Law Firm serves investors globally, with a focus on securities class actions and shareholder derivative litigation. The firm secured the largest settlement at the time against a Chinese Company and has been ranked by ISS Securities Class Action Services as the top firm for securities class action settlements multiple times. Since 2013, they have consistently been in the top four firms and have notably recovered hundreds of millions for investors, including over $438 million in 2019. In 2020, founding partner Laurence Rosen was recognized as a Titan of the Plaintiffs' Bar by Law360. Many attorneys in the firm have received accolades from Lawdragon and Super Lawyers.

CASE DETAILS: The lawsuit alleges that during the Class Period, the defendants made false or misleading statements regarding Hasbro's inventory quality and management, claiming it was aligned with market demand. In reality, Hasbro faced a substantial overstock of inventory that exceeded customer demand. Consequently, the statements made by the defendants were materially false and misleading and lacked a reasonable foundation. As the truth emerged, it is claimed that investors experienced damages.

To join the Hasbro class action, visit this link or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for further details.

No class has been certified yet. Until a class is confirmed, individuals are not represented by counsel unless they hire one. You are free to choose your legal counsel or remain absent and take no action at this time. It is important to note that participation in any potential future recovery does not rely on acting as lead plaintiff.

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Hasbro, Stock, Lawsuit