Hasbro is currently facing a class action lawsuit by the West Palm Beach Firefighters’ Pension Fund, over allegations that the company has been misleading investors regarding the quality of its inventory.
If any of that sounds confusing, I’ll try to break down the alleged chain of events here.
In the beginning, there was the 2020 Covid Pandemic. Like many businesses, Hasbro faced a serious disruption to its supply chain, which would make inventory more difficult to get, or at…
Source: The AllSpark