Mattel Recall Its Toys Due To Lead Poisoning. Mattel Inc. has agreed to settle virtually all claims related to its massive 2007 toy recalls. According to the Associated Press, if the Mattel class-action settlement is approved by the court, it could end up costing the company upwards of $50 million. As we've previously reported, … [Read more...]
Mattel Agrees to Toy Recall Settlement
Mattel Settles Lead Tainted Toy Lawsuit with States
Mattel Pay 39 States To Settle Lead Tainted Toy Lawsuit. Mattel has finally agreed to pay $12 million to 39 U.S. states to settle lead claims regarding its toys. Bloomberg is reporting that the settlement ends a multi-state, 15-month lead probe of a variety of Chinese-manufactured Mattel toys, including its Sesame Street dolls, Dora … [Read more...]
Mattel Toy Recalls Sparks Lawsuits by Shareholders, Angry Parents
Mattel Toy Is Facing Lawsuits For Violating Lead Standards. Mattel Inc. continues to be plagued by fallout from this summer’s massive toy recalls. In addition to a tarnished reputation, Mattel is facing dozens of lawsuits filed by parents whose children were exposed to the lead paint and dangerous magnets used in the recalled toys. … [Read more...]
Toy Recalls Could Mean Higher Prices Next Year
Number Of Toy Recalls May Result To Price Increase. The recent Mattel toy recalls and others like it have raised concerns over the safety of toys imported from China. As a result, companies like Mattel and Toys ‘R’ Us have announced new inspection systems and other safeguards meant to calm consumer fears over defective toys. But … [Read more...]
Mattel Apologizes For Toy Recall
Mattel Apologized For Defective Toy Recalls. The CEO of Mattel, Inc. apologized for recent toys recalls, and made a promise that the company would do everything in its power to insure its toys no longer pose a danger to children. The apology came during Robert Eckert’s testimony before a Senate committee investigating a recent rash … [Read more...]
Disney To Start Testing Toys Following Mattel Recalls
Disney Start Conducting Its Own Tests After Mattel Recalls. The Disney Corporation, disturbed that its name could be sullied by a toy recall similar to the three Mattel Inc. issued this past month, has decided to start conducting its own tests of toys featuring Disney characters. Two other companies, Sesame Workshop and Nickelodeon, … [Read more...]
Mattel Toy Recall Expanded A Third Time to Include Barbie
Mattel Toy Recall Include Barbie. Mattel has announced another toy recall, sending already worried parents on yet another scavenger hunt for more hazardous toys. Last night, the company revealed that it had discovered that another 840,000 of its Chinese-made toys contained excessive amounts of lead. This latest toy recall includes … [Read more...]
