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Federal Judge Dismisses WWE Suit Against Jakks

Authored by Mark Hefflinger on December 20, 2007 - 7:36am.

Malibu, Calif. - Toy and video game maker Jakks Pacific (NASD: JAKK) announced on Thursday that a federal judge has dismissed all federal claims brought against the company by World Wrestling Entertainment (NYSE: WWE), over video games created for the company by Jakks.

tags: Games | Law | Lawsuits | WWE | Jakks |

"WWE Smackdown vs. RAW" Game Added to Sony Greatest Hits

Authored by Mark Hefflinger on October 23, 2006 - 1:32pm.
Agoura Hills, Calif. -Video game publishers THQ and Jakks Pacific said on Monday that their "WWE Smackdown vs. RAW" title has been added to Sony's "Greatest Hits" collections for the PlayStation 2 and PSP, signifying sales of 400,000 and 250,000, respectively. THQ and Jakks are embroiled in several lawsuits with WWE over the wrestling game license, which WWE is seeking to have revoked and claims was obtained through a "commercial bribery scheme."
tags: Games | Sports | Sports Games | PSP | THQ | PS2 | WWE | Wrestling | Jakks |

WWE Sues THQ, Jakks Over Wrestling Video Games

Authored by Mark Hefflinger on October 19, 2006 - 3:28pm.
Agoura Hills, Calif. - Video game publishers THQ and Jakks Pacific have announced that World Wrestling Entertainment (WWE) filed suit against the companies on Oct. 12 in Connecticut state court, alleging improper sales of WWE video games in Japan and other countries in Asia. The lawsuit seeks unspecified monetary damages and a termination of the license WWE granted to THQ and Jakks in 1998 to make branded wrestling video games.
tags: Games | Sports | Licensing | Law | Lawsuits | Sports Games | THQ | Asia | Japan | WWE | Wrestling | Jakks |

Toymaker Jakks Pacific Faces Shareholder Suit Over WWE Bribery Charges

Authored by Mark Hefflinger on November 17, 2004 - 5:02am.
Bala Cynwyd, Pa. -- A shareholder class action lawsuit has been filed against toymaker Jakks Pacific, in connection with the company's alleged engagement in bribery and fraud in order to obtain a license to create video games with World Wrestling Entertainment (WWE). The shareholder action, filed by the law firm of Schiffrin & Barroway, LLP, argues that the company's stock and shareholders have been negatively affected by the alleged bribery scheme; shares of Jakks Pacific have fallen from $24.15 before the WWE lawsuit was filed to under $13 per share, and are now hovering just above $17 per share.
tags: WWE | Shareholder | Toymaker | Jakks |