Some Hasbro shareholders are suing the company over Magic: the Gathering sales

Some Hasbro shareholders are suing the company for its “mismanagement” of the company Magic: The Gathering a brand that has opposed recent decisions made for the beloved card game. Hasbro is one of the biggest juggernauts in the entertainment industry, with its hands in everything from video games and trading card games to beloved television and toy franchises. Among the largest of Hasbro's many properties are Magic: The Gatheringwith the trading card game being one of the most famous and popular TCGs in the world. However, some fans have taken issue with Hasbro's recent handling of the game.

Magic: The Gathering has seen several major changes in recent years. Crossovers have become a mainstay Magic: The GatheringThe product line, expanding from limited editions to full-fledged expansions based on franchises such as Final Fantasy and Spider-Man. Wizards of the Coast and Hasbro have also significantly accelerated the game's production cycle in recent years, officially deciding to release six standard-legal sets per year and even planning seven full expansions to launch in 2026. Now some Hasbro shareholders are finally fed up with Hasbro's modern management of the game.

Hasbro is being sued over Magic: the Gathering

New lawsuit filed by several Hasbro shareholders sues company for 'mismanagement' Magic: The Gathering mark. The lawsuit, led by shareholders Joseph Crocone and Ultan McGlone, claims Hasbro printed too much Magic: The Gathering expansion, causing pre-existing sets to quickly lose value. The lawsuit mentions a massive increase in the number of sets over the past few years, not just full expansions, but also an abundance of Secret Lair junk from Magic: The Gathering. Among the many official claims listed in Hasbro's lawsuit are breach of fiduciary duty, waste of corporate assets, and violation of the Exchange Act, among several others.

A growing number Magic: The Gathering kits is not the only factor referenced in the lawsuit. One of Magic: The GatheringThe most controversial release, the special 30th Anniversary Edition set, is cited as the main complaint alleging that Hasbro and Wizards of the Coast faked selling the product. The lawsuit further cites reports from former employees that Hasbro suspended sales of the set “less than an hour after its release,” even stating that unsold product ended up in “landfills in Texas.” The 30th Anniversary Edition has been the subject of considerable controversy, both for its exorbitant $1,000 price tag and the taboo status of reprinting specific cards such as Black Lotus.

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Magic's product cycle has been the subject of considerable criticism

The Magic: The GatheringThe lawsuit raised several serious allegations about Hasbro's handling of the Magic also. One statement in the lawsuit refers to the use of Hasbro Magic as a “parachute” product, using new Magic release to compensate for breakdowns elsewhere in the company. Some expansions, such as Secret Lairs and Magic: The Gathering'with Baldur's Gate crossover, were specifically named in the lawsuit, claiming that “parachute kits” make up more than 40% Magic: The Gatheringdisclosure in 2022. Hasbro has officially denied the claims made in the lawsuit, saying the disclosure follows its “strategic plan” for Magic.

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Magic: The Gathering looks like we're in for a busy year with new sets coming out almost every other month throughout 2026. January officially welcome MagicThe first set of the year featuring a fan-favorite setting in space, featuring Lorwyn Eclipsed as a return to Lorwyn and Shadowmoor. Wizards of the Coast has two more in-universe sets planned in Secrets of Strixhaven and Reality Fracture, along with four crossover sets with TMNT, Marvel Super Heroes, The Hobbitand Star Trek. New Magic: The Gathering the lawsuit could be an early blemish on an otherwise big year for the beloved collectible card game.