Companies

Rosen Law Firm Alerts Hasbro, Inc. Investors About Important Class Action Deadline

Published January 5, 2025

NEW YORK, Jan. 4, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a prominent global law firm focused on investor rights, is reminding investors who purchased common stock of Hasbro, Inc. (NASDAQ: HAS) between February 7, 2022, and October 25, 2023, that they may be eligible to participate in a class action lawsuit. It is crucial for these investors to be aware of the lead plaintiff deadline on January 13, 2025.

Why is this Important? Investors who bought Hasbro shares within the specified class period could have valid claims for compensation. This opportunity is available without any upfront costs, as participants can arrange to pay through a contingency fee agreement.

Steps to Take

Investors looking to join the class action can visit this link or reach out to Phillip Kim, Esq. at 866-767-3653, or via email at [email protected] for more details. It is important to note that a lawsuit has already been filed, and prospective lead plaintiffs must file their motion by the aforementioned deadline. A lead plaintiff serves as the representative for all class members and directs the progress of the case.

Choosing the Right Legal Counsel

When considering legal representation, Rosen Law Firm advises investors to select a law firm with proven success in handling complex securities class actions. Many firms might claim to offer similar services but lack the necessary experience or recognition in the industry. It is essential to choose counsel wisely, as Rosen Law Firm has a strong track record in this field.

With a history of achieving significant settlements, including the largest class action settlement against a Chinese company at the time, the firm has consistently ranked highly in legal evaluations. Since 2013, it has been recognized in the top tier for securities class action settlements and has successfully recovered hundreds of millions of dollars for its investors.

Background of the Case

The ongoing lawsuit alleges that during the class period, Hasbro and its executives made misleading statements regarding the quality and levels of inventory, which did not accurately reflect market demand. Despite claims of adequate inventory management, Hasbro reportedly faced significant inventory issues, leading to discrepancies between their public statements and actual market conditions. When the truth emerged, investors experienced financial losses.

To participate in the Hasbro class action, investors can visit this link or call Phillip Kim, Esq. toll-free at 866-767-3653, or email [email protected] for further information.

No class has been certified yet. Until a class is certified, investors must seek counsel themselves if they wish to be represented. Remaining an absent class member is also an option, and potential recovery does not solely depend on being a lead plaintiff.

Stay Informed

For updates and more information, follow the Rosen Law Firm on LinkedIn, Twitter, or Facebook.

Attorney advertising. Past results do not guarantee similar outcomes.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com

Hasbro, lawsuit, investors