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CATEGORY: WWE
JAKKS Pacific CEO comments on dismissed WWE lawsuit


Reported by: Colin Vassallo
Submitted on: Sep 2, 2008 - 8:08:32 PM

- JAKKS Pacific issued another press release today to announce that WWE's entire case against JAKKS Pacific and its senior officers has been dismissed by the Connecticut court. The same court also dismissed WWE’s state antitrust claim based on the lack of any antitrust injury under Connecticut State law. Despite the court's ruling, WWE said that they will be appealing the decision. "From the outset, we have maintained that WWE’s claims against us were meritless and part of an attempt by WWE to force us to relinquish our financial stake in our licenses. We have refused to be bullied into submission and are delighted that the Connecticut Court has granted summary judgment in our favor," said Jack Friedman, Chairman and Chief Executive Officer of JAKKS Pacific.

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