Hasbro and its top executives are facing a major federal class-action lawsuit filed by shareholders who allege the company knowingly overprinted Magic: The Gathering cards to artificially inflate short-term revenue. The 76-page complaint, filed last week in the U.S. District Court for the District of Rhode Island, accuses leadership of employing a so-called "Parachute Strategy". The lawsuit, led by shareholders Joseph Crocono and Ultan McGlone, names Hasbro CEO Chris Cocks and former Wizards of the Coast President Cynthia Williams as defendants. A significant portion of the lawsuit focuses on the disastrous release of the Magic: The Gathering 30th Anniversary Edition in late 2022. The plaintiffs argue these misleading statements allowed Hasbro to maintain an artificially inflated stock price during a critical window, as reported by PC Gamer.