Hasbro Shareholders Drop Magic: The Gathering Lawsuit Alleging C-suite Overprinted Cards, Deceived Customers

IGN

by Rebekah Valentine

February 24, 2026

AI-Generated Deep Dive Summary

Hasbro shareholders who filed a lawsuit against the company, alleging that its management overprinted Magic: The Gathering cards, breached its fiduciary duty, and deceived customers, have decided to drop the case. The suit was voluntarily dismissed without prejudice, meaning the plaintiffs could potentially file again in the future. The original complaint, filed in January, accused Hasbro leadership of poor decision-making by overprinting card sets, which allegedly devalued existing cards and put the company on a path toward financial ruin. It specifically targeted Universes Beyond and Secret Lair sets, claiming these were released to coincide with struggles in other parts of Hasbro’s business to generate revenue. The lawsuit also alleged that Hasbro management misled customers by creating the appearance of stock shortages for high-demand sets like the 30th Anniversary Collection. Plaintiffs claimed this tactic was used to artificially inflate demand. However, recent financial reports indicate that Magic has seen record success, particularly with the controversial sets in question. Wizards of the Coast, Hasbro’s subsidiary, has continued to release new card sets, including the recent “Prints Charming” Secret Lair series, which features identical cards sold at varying prices. Despite the dismissal of the lawsuit, questions remain about whether Hasbro’s business practices align with customer expectations and corporate responsibility. The case highlights tensions between aggressive production strategies and maintaining consumer trust in collectible markets like Magic: The Gathering. As the game approaches major releases, such as the upcoming Teenage Mutant Ninja Turtles set, these issues could continue to shape public perception of Hasbro and its subsidiaries. This development is significant for gaming enthusiasts and investors alike, as it underscores the delicate balance between business growth and maintaining market integrity. The outcome of the lawsuit also raises broader questions about how companies manage their inventory and communicate with customers during periods of high demand and financial strain.

Verticals

gaming

Originally published on IGN on 2/24/2026