CPSC Demands Buckyballs Maker's Financial Records

Law360, New York (February 13, 2014, 6:29 PM EST) -- Attorneys for the U.S. Consumer Product Safety Commission on Monday fought a bid by the former CEO of Buckyballs maker Maxfield & Oberton Holdings LLC to shield the company's financial records, arguing that such information is crucial in determining remedies of the suit against Maxfield over allegedly defective magnet sets.

Commission attorneys challenged former Maxfield CEO Craig Zucker’s January motion for a protective order in which he argued to an administrative law judge that such information is irrelevant and would needlessly draw out the proceedings.

The commission cannot...
To view the full article, register now.