Shareholders sue Hasbro over allegedly printing too many Magic: The Gathering cards

By: Alexander Castro

Outlets: Rhode Island Current

Published: January 30, 2026

Words: 1,393

Last Updated: 3 weeks, 2 days ago


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Two Hasbro shareholders claim the Pawtucket-based toy giant printed too much product for its most lucrative holding, the trading card game Magic: The Gathering, while misrepresenting its strategy to shareholders, according to a federal lawsuit filed Jan. 21

Joseph Crocono and Ultan McGlone filed the 76-page shareholder derivative complaint in U.S. District Court for the District of Rhode Island. A shareholder derivative complaint allows shareholders to seek recovery for harm they believe a corporation’s …

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