UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of
The
Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported): December
3,
2007 (December 2, 2007)
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JAKKS
PACIFIC, INC.
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(Exact
name of registrant as specified in its
charter)
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Delaware
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0-28104
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95-4527222
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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22619
Pacific Coast Highway, Malibu, California
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90265
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (310)
456-7799
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
JAKKS
PACIFIC, INC.
INDEX
TO FORM 8-K
FILED
WITH THE SECURITIES AND EXCHANGE COMMISSION
DECEMBER
3, 2007
ITEMS
IN FORM 8-K
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Page
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Facing
Page
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1
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Item
8.01
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Other
Events
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3
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Item
9.01
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Financial
Statements and Exhibits
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4
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Signatures
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5
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Item
8.01 Other
Events
On
December 2, 2007, we announced in a press release that the U.S. District Court
for the Southern District of New York in the WWE Action dismissed the lawsuit
against us, our officers and the other defendants, stating that the Court “has
determined that it will grant Defendants’ motions to dismiss Plaintiff’s Amended
Complaint”, and that a “comprehensive opinion” “will be issued in short order”
in which “the reasons for this decision are explained in detail.” We further
announced that the state court litigation among the parties remains
pending.
A
copy of
the release is annexed hereto as an exhibit and is incorporated herein by
reference.
Item
9.01. Financial Statements and Exhibits
(d)
Exhibits
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Exhibit
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Description
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99.1
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December
2, 2007 Press Release(1)
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____________________
(1)
Filed
herewith.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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JAKKS
PACIFIC, INC.
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Dated:
December 3, 2007
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By:/s/
JOEL M.
BENNETT
Joel
M. Bennett, CFO
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Exhibit
Index
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Exhibit
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Description
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99.1
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December
2, 2007 Press Release(1)
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____________________
(1)
Filed
herewith.
Exhibit
99.1
Federal
Lawsuit against JAKKS Pacific(R) by WWE to Be Dismissed
Sunday
December 2, 8:10 pm ET
MALIBU,
Calif.--(BUSINESS WIRE)--The Federal court has issued an order stating that
it
will dismiss the lawsuit against JAKKS Pacific, Inc. (NASDAQ:JAKK - News),
its
officers and other defendants in the federal lawsuit initiated by World
Wrestling Entertainment, Inc. (WWE). The judge in the action captioned World
Wrestling Entertainment, Inc. v. JAKKS Pacific, Inc., et al., 1:04-CV-08223-KMK
in the U.S. District Court for the Southern District of New York, stated in
his
order that the Court “has determined that it will grant Defendants’ motions to
dismiss Plaintiff’s Amended Complaint”, and that a “comprehensive opinion” “will
be issued in short order” in which “the reasons for this decision are explained
in detail.” The state court litigation among the parties remains pending.
About
JAKKS Pacific, Inc.
JAKKS
Pacific, Inc. (NASDAQ:JAKK - News) is a multi-brand company that designs and
markets a broad range of toys and consumer products. The product categories
include: Action Figures, Art Activity Kits, Stationery, Writing Instruments,
Performance Kites, Water Toys, Sports Activity Toys, Vehicles,
Infant/Pre-School, Plush, Construction Toys, Electronics, Dolls, Dress-Up,
Role
Play, and Pet Toys and Accessories. The products are sold under various brand
names including JAKKS Pacific®, Play Along®, Flying Colors®, Creative Designs
International™, Road Champs®, Child Guidance®, Pentech®, Trendmasters®, Toymax®,
Funnoodle®, Go Fly a Kite®, Color Workshop®, JAKKS Pets™ and Plug It In &
Play TV Games™. JAKKS and THQ Inc. participate in a joint venture that has
worldwide rights to publish and market World Wrestling Entertainment video
games. For further information, visit www.jakks.com.
This
press release may contain forward-looking statements (within the meaning of
the
Private Securities Litigation Reform Act of 1995) that are based on current
expectations, estimates and projections about JAKKS Pacific's business based
partly on assumptions made by its management. These
statements are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict. Therefore,
actual outcomes and results may differ materially from what is expressed or
forecasted in such statements due to numerous factors, including, but not
limited to, those described above, changes
in demand for JAKKS' products, product mix, the timing of customer orders and
deliveries, the impact of competitive products and pricing, and difficulties
with integrating acquired businesses. The
forward-looking statements contained herein speak only as of the date on which
they are made, and JAKKS undertakes no obligation to update any of them to
reflect events or circumstances after the date of this release.
©
JAKKS
Pacific, Inc. All Right Reserved.
Contact:
JAKKS
Pacific, Inc.
Genna
Rosenberg, 310-455-6235
gennar@jakks.net
Anne-Marie
Feliciano, 310-455-6245
anne-marief@jakks.net