The Gross Law Firm Notifies Hasbro, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – HAS

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Hasbro, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its inventory levels, which led to artificially inflated stock prices during the class period from February 7, 2022, to October 25, 2023 [1][3]. Group 1: Allegations and Class Period - The class period for the allegations against Hasbro is from February 7, 2022, to October 25, 2023 [3]. - The complaint alleges that Hasbro misrepresented its inventory levels, claiming they reflected strong demand when they were actually indicative of excess supply due to declining demand [3]. Group 2: Impact on Shareholders - As a result of the alleged misleading statements, Hasbro's common stock traded at artificially inflated prices throughout the class period [3]. - Shareholders who purchased shares during the class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for January 13, 2025 [4]. Group 3: Legal Representation - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to recover losses for investors who suffered due to misleading statements or omissions that led to stock price inflation [5].