Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of Hasbro, Inc. common stock purchasers during the specified Class Period from February 7, 2022, to October 25, 2023, due to alleged misleading statements regarding inventory levels and customer demand [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Hasbro made false and misleading statements about the quality and appropriateness of its inventory levels, which were significantly higher than customer demand [5]. - Investors who purchased Hasbro stock during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must move the Court by January 13, 2025, to represent other class members in the litigation [1][3]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Many attorneys at Rosen Law Firm have received recognition from Lawdragon and Super Lawyers, highlighting the firm's expertise in this area [4].
ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Hasbro, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – HAS