RC2 Pays $1.3M To Settle Lead Toy Train Allegations

Law360, New York (January 5, 2010, 3:30 PM EST) -- RC2 Corp. has agreed to pay $1.25 million to resolve allegations from the U.S. Consumer Product Safety Commission that it imported and sold toy trains tainted with lead.

The CPSC announced Dec. 29 that it had provisionally accepted the penalty settlement. Staff from the agency had alleged that RC2 and subsidiary Learning Curve Brands Inc. failed to take adequate action to ensure that vehicles, buildings and other train set components from the Thomas & Friends Wooden Railway product line would comply with a federal ban that...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.