Bernstein Liebhard LLP Announces Investigation of JAKKS Pacific, Inc.

September 15, 2011

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 antitrust 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.