An investigation on behalf of investors in JAKKS Pacific, Inc. (NASDAQ: JAKK) shares over potential wrongdoing at JAKKS Pacific, Inc. was announced.
San Diego, CA -- (SBWIRE) -- 07/03/2020 -- An investigation was announced over potential breaches of fiduciary duties by certain officers and directors at JAKKS Pacific, Inc.
Investors who purchased shares of JAKKS Pacific, Inc. (NASDAQ: JAKK) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm concerns whether certain JAKKS Pacific directors breached their fiduciary duties and caused damage to the company and its shareholders.
Santa Monica, CA based JAKKS Pacific, Inc. develops, produces, and markets consumer and related products worldwide. JAKKS Pacific, Inc. reported that its annual Total Revenue rose from $567.81 million in 2018 to $598.64 million in 2019, and that its Net Loss increased from $42.36 million in 2018 to $55.54 million in 2019.
Shares of JAKKS Pacific, Inc. (NASDAQ: JAKK) declined from $9.65 per share in 2016 to as low as 0.30 per share in March 2020.
Those who purchased shares of JAKKS Pacific, Inc. (NASDAQ: JAKK), have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.