World Wrestling Entertainment asks court to nullify THQ"s license to produce WWE games, alleges bribery and racketeering scheme.
World Wrestling Entertainment today announced that the company has filed suit against video game publisher and WWE license holder THQ, toy manufacturer Jakks Pacific, and related defendants. The WWE alleges that the video game license held by THQ and Jakks, which is currently in effect through December 2009, was obtained via a far-reaching "commercial bribery scheme." The WWE has asked the New York district court to declare the license void and unenforceable.
In total, the papers filed today in the United States District Court for the Southern District of New York comprise 14 different counts of racketeering, bribery, money-laundering, and other such charges. Defendants named in the suit are Jakks Pacific, Inc.; THQ, Inc.; former WWE licensing agent Stanley Shenker & Associates, Inc. (SSAI); Bell Licensing, LLC; highest-ranking Jakks executives Jack Friedman, Stephen Berman, and Joel Bennett; Stanley Shenker; and former WWE senior vice president of licensing and merchandising James Bell.