San Diego, Sept. 14, 2011 (Shareholders Foundation) -- The announcement by Oaktree Capital Management, L.P. that it intends to acquire all of the outstanding common stock of JAKKS Pacific Inc. for $20.00 per JAKK share caused an investigation on behalf of investors of JAKKS Pacific, Inc. (NASDAQ:JAKK) concerning whether the offer to acquire JAKKS Pacific and the buyout process would be unfair to investors of JAKKS Pacific (JAKK) and whether certain of its officers and directors or others breach their fiduciary duties owed investors in NASDAQ:JAKK shares.

The investigation by a law firm concerns whether the JAKKS Pacific, Inc. (Public, NASDAQ:JAKK, certain of its officers and directors, and/or others breached their fiduciary duties owed to JAKKS Pacific, Inc. (Public, NASDAQ:JAKK) investors in connection with the proposed acquisition.

On September 14, 211, Oaktree Capital Management, L.P., announced after the market closed that certain funds and accounts that it manages have made a proposal to acquire all outstanding shares of JAKKS Pacific, Inc. (NASDAQ: JAKK) common stock for $20.00 per share in cash, representing a total equity value of approximately $670 million on a fully diluted basis. Oaktree Capital Management, L.P. said the $20offer represents a 25% premium over JAKKS Pacific closing stock price as of September 13, the 30-day average closing price of its stock leading up to September 13, and the average closing price of its stock over the preceding 24 months.

Shares of JAKKS Pacific, Inc. (Public, NASDAQ:JAKK) jumped from $16.03 on Tuesday, September 13, 2011 to $20.12 on Wednesday, thus slightly above the $20offer.

However, NASDAQ:JAKK shares traded as early as May 10, 2011 at $20.51 and on April 29, 2011 as high as $21.04 per share, thus above the current offer. Additionally at least one analyst has set the high target price at $24 per share , which is also its median Target price for JAKK stock. Thus recent trading prices and analysts target prices are well above the current offer.

Therefore, the investigation concerns whether Oaktree Capital Management, L.P. would underpay for NASDAQ:JAKK shares, thus unlawfully harming JAKKS Pacific stockholders, and whether the JAKKS Pacific Board of Directors will undertake an adequate sales process and in particular breach their fiduciary duties to JAKKS Pacific, Inc. (JAKK) shareholders by failing to adequately shop the Company before entering into this or any transaction.

JAKKS Pacifics financial performance increased lately. JAKKS Pacific was able to pull out of a Net Loss of $385.51million for 09 and report in 2010 a Net Income of $47.05million. Additionally, its second quarter Revenue rose from $123.25million last year to $131.93million this year and its second quarter Net Income increased from $2.98million a year earlier to $4.24million for the second quarter 2011.

A potential securities class action lawsuit would seek to maximize the amount of money and information JAKKS ( NASDAQ:JAKK) shareholders would receive in a buyout, so the law firm.