Monday, December 15, 2008

Mattel settles case with 39 state AG's on lead in toys

A settlement was announced today between Mattel and its subsidiary Fisher Price and 39 state attorneys general on toys tainted with lead. Mattel will pay the states $12 million, reduce the lead paint in their products immediately to the federal level of 90 ppm that will be effective next August and spend additional funds on lead testing and notification of consumers. California had reached an agreement with Mattel and other manufacturers earlier this month.

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