JAKKS Pacific Announces Dismissal Of Class Action

JAKKS Pacific, Inc., (NASDAQ: JAKK) today announced that the United States District Court for the Central District of California ordered the dismissal with prejudice all of the claims asserted in the consolidated action captioned John Melot v. JAKKS Pacific, Inc. et al., Case No. -LA CV13-05388 JAK (SSx), a putative class action that commenced in July 2013.

About JAKKS Pacific, Inc.

JAKKS Pacific, Inc., is a leading designer, manufacturer and marketer of toys and consumer products sold throughout the world, with its headquarters in Santa Monica, California. JAKKS Pacific's popular proprietary brands include BIG-FIGS™, XPV®, Max Tow™ and Friends, Disguise®, Moose Mountain®, Funnoodle®, Maui®, Kids Only!®, as well as a wide range of entertainment-inspired products featuring premier licensed properties. Through JAKKS Cares, the company's commitment to philanthropy, JAKKS is helping to make a positive impact on the lives of children. Visit us at www.jakks.com and follow us on Instagram (@jakkstoys), Twitter (@jakkstoys) and Facebook (JAKKS Pacific).

© 2016 JAKKS Pacific, Inc. All rights reserved.

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