Press release from Business Wire
Bernstein Liebhard LLP Announces Investigation of JAKKS Pacific, Inc.
Thursday, September 15, 2011
Bernstein Liebhard LLP Announces Investigation of JAKKS Pacific, Inc.10:57 EDT Thursday, September 15, 2011 NEW YORK (Business Wire) -- Bernstein Liebhard LLP is investigating whether the Board of Directors of JAKKS Pacific, Inc. (“JAKKS” or the “Company”) (NASDAQ:JAKK) is breaching its fiduciary duty to its shareholders in failing to embrace Oaktree Capital Management, L.P.'s (“Oaktree”) premium offer for the company. As reported, JAKKS shareholders would receive $20.00 in cash for each share they own. The investigation is focused on JAKKS's failing to embrace Oaktree's overtures. If you are interested in discussing your rights as a JAKKS shareholder and/or have information relating to the matter, please contact U. Seth Ottensoser at (877) 779-1414 or Ottensoser@bernlieb.com. Bernstein Liebhard has pursued hundreds of securities, consumer and shareholder rights cases and recovered almost $3 billion for its clients. It has been named to The National Law Journal's “Plaintiffs' Hot List” in each of the last eight years. Bernstein Liebhard LLP10 East 40th StreetNew York, New York 10016(877) 779-1414www.bernlieb.com ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Mary U. Hoover. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Bernstein Liebhard LLPU. Seth Ottensoser, 877-779-1414Ottensoser@bernlieb.com