Story perspectives

Shareholders Sue Hasbro Over Magic: The Gathering Controversy

1/24/2026

Summary

Story summary

Joseph Crocono (shareholder) and Ultan McGlone (shareholder) filed suit against Hasbro over Magic: The Gathering.
The suit alleges Hasbro overprinted card sets, devaluing existing ones, and hid reasons for pulling the Magic 30th Anniversary Set.
It cites a 'Parachute Strategy' to release new sets to cover shortfalls, inflating stock prices and harming shareholders.
The plaintiffs seek damages and greater board influence, and Hasbro has not commented.

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Story summary

Joseph Crocono (shareholder) and Ultan McGlone (shareholder) filed suit against Hasbro over Magic: The Gathering.
The suit alleges Hasbro overprinted card sets, devaluing existing ones, and hid reasons for pulling the Magic 30th Anniversary Set.
It cites a 'Parachute Strategy' to release new sets to cover shortfalls, inflating stock prices and harming shareholders.
The plaintiffs seek damages and greater board influence, and Hasbro has not commented.