Hasbro’s Successful Proxy Contest Against Alta Fox

On June 8, 2022, Hasbro, Inc., a global play and entertainment company, announced the preliminary results at the 2022 Annual Meeting of Shareholders, which indicate that Hasbro shareholders have voted, with a substantial margin, to re-elect all 13 of Hasbro’s directors to the Hasbro Board. Similarly, the Company’s say-on-pay proposal and auditor ratification were approved by the shareholders. Cravath is representing Hasbro in connection with this matter.

The Cravath team is led by partners Faiza J. Saeed and Daniel J. Cerqueira and includes associates Patrick Taylor and Brianna Pang Sawhney on corporate and activist defense matters, and partners Eric W. Hilfers and Matthew J. Bobby, practice area attorney David Crampton and associate Christopher C. Gonnella on executive compensation and benefits matters. Summer associate Cindy Yuan also worked on corporate and activist defense matters.