JAKKS PACIFIC INC - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by JAKKS PACIFIC INC on October 6, 2010, regarding events occurring on October 1, 2010. The report details the results of the company's 2010 Annual Meeting of Stockholders held at the Sherwood Country Club in Thousand Oaks, California.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a corporate governance report and does not contain financial performance data.
Material Changes
The filing reports the successful completion of two stockholder votes at the Annual Meeting:
- Election of Directors: Six nominees were elected to the Board of Directors. All received zero votes "Against."
- Ratification of Auditors: Stockholders ratified the appointment of BDO Seidman, LLP as the independent certified public accountants for 2010.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the tabulation of votes.
Investor Verification Points
- Verify the vote counts for the election of directors, noting that Murray L. Skala received a significantly higher number of "Withheld" votes (3,316,367) compared to other nominees.
- Confirm the ratification of BDO Seidman, LLP as the independent auditor, which passed with 26,027,832 votes "For" versus 189,462 "Against."
- Note that 1,916,088 broker-held shares were non-voted regarding the director election.