Pending Case

Hasbro, Inc.

NASDAQ: HAS

HASBRO SHAREHOLDER ALERT: Securities Class Action Filed Against Hasbro, Inc. (HAS); Block & Leviton Encourages Shareholders to Contact the Firm

Contact us to learn more about this lawsuit.

Block & Leviton LLP (www.blockesq.com), a Boston based securities litigation firm representing investors nationwide, announces that a class action lawsuit has been filed against Hasbro, Inc. (“Hasbro” or the “Company”) (NASDAQ: HAS) and certain of its officers and directors alleging violations of the federal securities laws. Class members interested in serving as lead plaintiff are reminded of the November 27, 2018 lead plaintiff deadline.

The complaint alleges that Hasbro made false and/or misleading statements and/or failed to disclose that: (1) Hasbro’s relationship with Toys “R” Us was becoming increasingly important to Hasbro’s business, but that Toys “R” Us was in far worse financial condition than was being publicly reported; (2) Hasbro was experiencing significant undisclosed adverse sales issues in two key markets – the United Kingdom and Brazil – which were negatively impacting Hasbro’s efforts to grow sales in those markets; (3) that Hasbro executives sold more than $147 million of their Hasbro stock before revealing that Hasbro would not meet earnings expectations; and (4) as a result of foregoing, defendants’ statements about Hasbro’s business and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Hasbro securities between April 24, 2017 and October 23, 2017 and have questions about your legal rights, or possess information relevant to this investigation, you are encouraged to contact attorney John DeFelice at (888) 868-2385, by email at john@blockesq.com or by visiting http://shareholder.law/hasbro.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nation’s largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

Contact us to learn more about this lawsuit.

Block & Leviton LLP
155 Federal Street, Suite 400
Boston, MA 02110
  • Mon 9am - 6pm
  • Tues 9am - 6pm
  • Wed 9am - 6pm
  • Thurs 9am - 6pm
  • Fri 9am - 6pm
  • Sat Closed
  • Sun Closed
Powered by RooSites