Law360, New York (June 17, 2011, 2:34 PM ET) -- On March 2, 2010, following alleged violations of the Consumer Product Safety Act, as amended by the Consumer Product Safety Improvement Act of 2008, the U.S. Consumer Product Safety Commission announced a settlement agreement with Daiso Holding USA Inc., Daiso Seattle LLC and Daiso California LLC, under which Daiso agreed to pay a $2.05 million civil penalty and to stop importing children’s products and toys into the United States until it demonstrated its compliance with U.S. consumer product safety regulations.
The Daiso civil penalty represented one...
The Sleeping Giant: CPSIA
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