Rosen Law Firm Alerts Hasbro Investors of Class Action Deadline

NEW YORK, Jan. 04, 2025 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a prominent global legal firm focused on investor rights, invites individuals who purchased common stock of Hasbro, Inc. (NASDAQ: HAS) between February 7, 2022, and October 25, 2023, to take notice of an important legal deadline looming on January 13, 2025.

Why This Matters: If you bought shares of Hasbro during the specified period, you could qualify for financial compensation without any upfront costs, as legal fees are typically covered through a contingency fee model.

Next Steps: To participate in the Hasbro class action, you can easily access the enrollment process at this link or contact Phillip Kim, Esq. via phone at 866-767-3653 or email at [email protected] for further information. A class action lawsuit has already been initiated, and individuals interested in becoming a lead plaintiff must file their motion by the deadline of January 13, 2025. A lead plaintiff serves as a key representative for other affected investors throughout the litigation process.

Why Choose Rosen Law Firm: It is essential for investors to opt for legal counsel that demonstrates proven success and credibility in managing securities class actions. Many firms may merely serve as referral agents and lack the necessary experience and resources. In contrast, the Rosen Law Firm has established itself as a dedicated advocate for investors worldwide, especially in matters of securities class actions and shareholder litigation. The firm has achieved notable successes, including recovering hundreds of millions of dollars for investors. In 2019, the firm was able to secure in excess of $438 million in settlements. Furthermore, distinguished recognition has been bestowed upon founding partner Laurence Rosen by reputable legal publications.

Case Overview: The allegations in the lawsuit assert that during the class period, the defendants issued misleading statements regarding the state of Hasbro's inventory. Specifically, these statements falsely portrayed that the inventory levels were adequate and aligned with customer demand. In reality, it is claimed that Hasbro experienced a considerable inventory surplus that was not manageable and exceeded actual demand. Consequently, when the truth about Hasbro's inventory situation became public knowledge, investors reportedly faced significant financial losses.

For participation details in the Hasbro class action, please visit this website or contact Phillip Kim, Esq. toll-free at 866-767-3653 or via email at [email protected].

Please Note: It is crucial to acknowledge that no class has yet been certified. Until that certification occurs, individuals are not considered represented unless they select counsel. Investors also have the option to remain inactive in this process without any adverse impact on their ability to benefit from future compensation.

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Hasbro, Law, Investors