Law360, New York (June 05, 2009, 12:00 AM ET) -- The U.S. Consumer Product Safety Commission has slapped Mattel Inc. with a $2.3 million civil penalty for selling children’s toys that the company allegedly knew contained lead levels well beyond those permitted by law, the highest penalty ever levied by the agency for a product violation.
Mattel and subsidiary Fisher-Price Inc. agreed to pay the penalty settlement to resolve claims by the CPSC that they knowingly imported toys with paint coatings containing illegal lead levels, the commission announced Friday.
The toy makers allegedly sold more than...
Mattel Hit With $2.3M Penalty Over Toy Lead Levels
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