Lawsuit claims Hasbro misled investors about Magic: The Gathering cards

A shareholder lawsuit filed in Rhode Island federal court accuses Hasbro executives of misleading investors about the health and sustainability of Magic: The Gathering, the company’s most important and lucrative brand. The lawsuit, which arrives just weeks before Hasbro’s Feb. 10 earnings call, is less about Universes Beyond or Secret Lairs — which are both seen as controversial by some of the game’s fans — and more about how Hasbro framed Magic’s growth to Wall Street, particularly related to concerns that cards were being overprinted.