Investigation and pending class action lawsuit against Mattel based upon allegations that many of its childrens toys manufactured in China contained unsafe levels of lead in the toys.
In August 2007, toy giant Mattel made two massive recalls on toys made from May 1 and August 2 that might have contained poisonous levels of lead. Among the over one million Chinese-made toys retracted were Sarge die-cast cars, Sesame Street characters, Dora the Explorer and other Fisher Price Inc. products. Mattel announced that its Chinese manufacturer disregarded their quality standards and used lead paint from an unapproved third party vendor in South China. As a result, Mattel's manufacturer Lee Der Industrial Co. was banned by Chinese government officials from exporting products.
Lead, even in small quantities, are harmful to small children. If exposed to this harmful metal, they might suffer from brain damage and learning disabilities.
Defendant Details
Name (Stock Symbol)
Brief Description
Mattel, Inc. (MAT)
Mattel, Inc., together with its subsidiaries, designs, manufactures, and markets toys.