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.