Galoob was involved in a landmark intellectual property lawsuit, Lewis Galoob Toys, Inc. v. Nintendo of America, Inc. . Nintendo charged that the Game Genie violated copyright by creating an unlicensed derivative of their copyrighted game. Galoob won the suit.
Hasbro agrees to pay $220M for third largest toy maker Galoob Toys buyout seen as bet on popularity of `Star Wars' toys
Sep 29, 1998; Hasbro Inc. appears to be placing another big bet on "Star Wars" -- and a smaller one on "Spice Girls." As the volatile toy...