Docstoc

The Law Firm of Levi & Korsinsky, LLP Announces Investigation of JAKKS Pacific, Inc

Document Sample
The Law Firm of Levi & Korsinsky, LLP Announces Investigation of JAKKS Pacific, Inc Powered By Docstoc
					The Law Firm of Levi & Korsinsky, LLP
Announces Investigation of JAKKS Pacific, Inc.
September 15, 2011 05:30 PM Eastern Daylight Time 

NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky, LLP is investigating JAKKS Pacific, Inc.
(“JAKKS” or the “Company”) (NASDAQ: JAKK), and its Board of Directors, for possible breaches of fiduciary
duty in connection with the merger proposal from Oaktree Capital Management, L.P. Under the terms of the
proposal, JAKKS stockholders will receive $20.00 in cash for each share of JAKKS common stock held. The offer
is a 25 percent premium to the prior closing price of JAKKS stock.

For more information, click here: http://zlk.9nl.com/JAKKS-Pacific.

The investigation concerns whether the board of directors of the Company is undertaking a fair process to obtain fair
consideration for all stockholders of JAKKS. According to news reports, Oaktree said it has attempted to engage in
conversations with JAKKS since March but has been "repeatedly rebuffed" and that it is willing to increase its
offering price under certain circumstances.

If you own common stock in JAKKS and wish to obtain additional information, please contact Eduard Korsinsky,
Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://www.zlk.com/jakks-pacific-jakk.html.

Levi & Korsinsky has expertise in protecting shareholders’ rights and prosecuting investor securities litigation. The
attorneys at Levi & Korsinsky have extensive experience in litigating actions on behalf of shareholders victimized by
financial fraud and represent investors throughout the nation. Levi & Korsinsky has been appointed by numerous
courts throughout the country to serve as lead counsel on behalf of shareholders in major securities fraud cases. For
more information, please feel free to contact any of the attorneys listed below.

Attorney advertising. Please be aware that prior results never guarantee similar future outcomes.

Contacts
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq., 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com

Recent Stories from Levi & Korsinsky, LLP

    l

        The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Global Industries, Ltd.
        September 12, 2011
        NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating the Board of Directors of
        Global Industries, Ltd. (NASDAQ: GLBL) for possible breaches of fiduciary duty and other violation... more
        »
l

    The Law Firm of Levi & Korsinsky, LLP Announces Investigation of NetLogic Microsystems, Inc.
    September 12, 2011
    NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating the Board of Directors of
    NetLogic Microsystems, Inc.(NASDAQ: NETL) for possible breaches of fiduciary duty and other violat...
    more »

l

    The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Ralcorp Holdings, Inc.
    September 09, 2011
    NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky is investigating the Board of Directors of
    Ralcorp Holdings, Inc. (NYSE: RAH) for possible breaches of fiduciary duty and other violations of... more »

				
DOCUMENT INFO
Shared By:
Tags:
Stats:
views:22
posted:9/15/2011
language:English
pages:2
Description: NEW YORK--(EON: Enhanced Online News)--Levi & Korsinsky, LLP is investigating JAKKS Pacific, Inc. (NASDAQ: JAKK), and its Board of Directors, for possible breaches of fiduciary duty in connection with a merger proposal img border='0' title='Add to Google' alt='Add to Google' src='htt
EON: Enhanced Online News EON: Enhanced Online News http://eon.businesswire.com
About At EON: Enhanced Online News, we show you how to make your online press release thrive. If you want to drive traffic to your website, generate sales leads, make an announcement, or promote a new product, EON: Enhanced Online News delivers the online visibility that you need. EON: Enhanced Online News powered by Business Wire.