Hasbro CEO Chris Cocks and Execs Sued for Alleged Securities Violations. Wizards of the Coast LLC is a subsidiary of Hasbro, Inc. (www.golocalprov.com)

submitted 3 months ago* (last edited 3 months ago) by RegularJoe@lemmy.world to c/dnd@lemmy.world

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“In total, the Company spent an aggregate amount of approximately $125 million to repurchase approximately 1.4 million shares of its own common stock at artificially inflated prices from April 2022 to July 2022,” according to the plaintiffs, who are being represented by Sarah Maneval and Saadia Hashmi of The Brown Law Firm in New York City. Affiliated local counsel is Higgins, Cavanagh, and Cooney.

“In total, this caused the Company to overpay for repurchases of its own stock by approximately $55.9 million," the lawsuit maintains.

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[-] resipsaloquitur@lemmy.world 4 points 3 months ago

Wow, what a punchable face.

[-] otter@lemmy.dbzer0.com 1 points 3 months ago

About to be Hasbeenbros...

[-] ramenshaman@lemmy.world 1 points 3 months ago

The person who wrote that article got through the whole thing without referring to him as Mr. Cocks.

[-] MountingSuspicion@reddthat.com 0 points 3 months ago

It's so weird that years of having people champion other game systems never made me interested enough to branch out myself, but a single change in ownership and leadership decisions made me drop the game. Just goes to show how important customer good will is. I was actively being advertised to by friends and people in the hobby space, but what did them in was their own decisions. I'm sure some people never cared or noticed, but I'm happy to see I made the right choice. Sad to see a beloved part of my hobby be destroyed, but from the ashes etc etc. Sorry to now be the person in a DnD space suggesting trying other games, but there really is just so many others out there. These people are using your money to commit financial crimes to enrich themselves.

[-] agamemnonymous@sh.itjust.works 1 points 3 months ago

It was the OGL fuckery a few years ago for me, but the huge drop in quality of released material didn't help. Spelljammer 5e was a joke.

At this point the only reason to stay with the system is nostalgia or stubbornness. There are better systems for any use case.

this post was submitted on 23 Jan 2026

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