#United States #Hasbro #Kahn Swick & Foti #New Orleans #Attorney General

Investigation Launched into Hasbro Executives

On October 17, 2025, the law firm Kahn Swick & Foti, LLC (KSF), spearheaded by former Louisiana Attorney General Charles C. Foti, Jr., announced it has commenced a detailed investigation concerning the directors and officers of Hasbro, Inc. This scrutiny follows the toy giant's troubling financial disclosures, particularly pertaining to a staggering 18% year-over-year decline in revenue from consumer products.

The investigation comes in the wake of Hasbro’s announcement on October 26, 2023, where the company reported significant revenue declines attributed to exited business lines and soft market trends. Additionally, the firm revised its annual guidance for consumer product revenue to an expected decrease of 13% to 15%, a stark contrast to the originally forecasted decline of only 3% to 6%. These changes sparked concern among investors and stakeholders regarding the underlying reasons and decision-making processes within Hasbro's leadership.

This revenue crisis has not only raised eyebrows among shareholders but has also led to a securities class action lawsuit against the toy manufacturer. The lawsuit alleges that certain executives failed to disclose vital information that could have affected investors' decisions, thereby potentially violating federal securities laws. The allegations highlight a growing concern regarding transparency and corporate governance within publicly traded companies, particularly in times of financial distress.

KSF's investigation aims to determine if Hasbro’s officers and directors violated their fiduciary duties to shareholders or breached any state or federal regulations. The focus will be on whether their actions—especially regarding disclosures during financial reporting—were aligned with the best interests of the shareholders.

Stakeholders, especially long-term investors in Hasbro, are encouraged to contribute any information that may further assist with this inquiry. The firm has made available a hotline and an email for those wishing to discuss their rights or provide relevant information regarding the ongoing investigation.

About Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC is recognized as a leading boutique securities litigation law firm in the nation. Founded by seasoned legal professionals, including Charles C. Foti, Jr., KSF specializes in representing both institutional and retail investors seeking redress for investment losses related to corporate malfeasance. Their track record has garnered recognition, with the firm being ranked among the top 10 firms nationally by SCAS based on total settlement value. With offices located in key U.S. cities and a representative office in Luxembourg, KSF is well-positioned to handle complex securities litigation across various sectors.

As corporations navigate the complex landscape of governance and transparency, investigations like those initiated by KSF serve as a reminder of the critical need for accountability at all levels of management. The ongoing developments surrounding Hasbro's financial state and the subsequent legal ramifications will undoubtedly be closely watched by investors and industry analysts alike.