Mattel Multistate Agreement, 12/15/08 Wednesday, April 6, 2011

Today, Massachusetts Attorney General Martha Coakley, along with the Attorneys General of 38 other states, reached a settlement agreement with Mattel, Inc., and its subsidiary, Fisher-Price, Inc., resolving a 15-month investigation into the events that lead to a voluntary recall of the companies toys for excessive lead paint in 2007. The consent judgment, filed today in Suffolk Superior Court, requires Mattel to make a payment of $12 million by January 30, 2009, to be divided among the participating states. As the leader of the multi-state group investigation and settlement, Massachusetts will receive $625000 as a result of the settlement; $500000 will be dedicated to combating and preventing childhood lead poisoning and $125000 will cover the costs of the investigation.



http://www.youtube.com/watch?v=ma5KNC7IB8M&hl=en