JAKKS Pacific (JAKK) Announces Dismissal of Court Action Against World Wrestling Entertainment (WWE)
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JAKKS Pacific (NASDAQ: JAKK) announced that the Connecticut State Court has granted summary judgment today in the state court action, dismissing World Wrestling Entertainment, Inc.'s (NYSE: WWE) bribery and anti-trust claims against JAKKS and its principals on the basis of collateral estoppel and statute of limitations grounds. The decision is being reviewed by the Company and may be subject of a further press release.
JAKKS Pacific, Inc. (JAKKS) is a multi-line, multi-brand toy company that designs, produces and markets toys and related products, writing instruments and related products, pet toys, treats and related products and other consumer products. [SM]
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