Advertisement
YOU ARE HERE: LAT HomeCollectionsMattel Inc
IN THE NEWS

Mattel Inc

BUSINESS
November 7, 2007 | From Times Wire Services
Mattel Inc. asked consumers to stop using 196,000 kitchen toys made in Mexico because small pieces may pose a choking hazard to children. The Fisher-Price Laugh & Learn 2-in-1 Learning Kitchen toys were sold worldwide from May to October for about $70 each, the U.S. Consumer Product Safety Commission said. There have been 48 reports of parts separating from the toys, with children gagging or choking on them.
Advertisement
BUSINESS
October 11, 2007 | From Times Wire Services
Attorneys for a Michigan pension fund alleged in a shareholder lawsuit that Mattel Inc. had misled investors by delaying the reporting of defects in its toys to federal regulators, The lawsuit also accuses three current members and one former member of Mattel's board of engaging in illegal insider trading by dumping more than $33 million in stock before the company's massive toy recalls in the summer.
BUSINESS
September 25, 2007 | From the Associated Press
beijing -- China's state media on Monday welcomed U.S. toy maker Mattel's apology over its recalls of Chinese-made toys, saying that although overdue it should help restore the country's sullied export reputation. Mattel apologized in Beijing on Friday for recalling 21 million toys this summer, the majority of which had small magnets that could fall out and be harmful to children if swallowed. The company acknowledged the problem was a design flaw and not the fault of Chinese manufacturers.
BUSINESS
September 21, 2007 | From Times Wire Reports
The European Union's consumer chief has asked Mattel Inc. for details of quality control measures introduced since the company's recall of millions of Chinese-made toys, and she warned the company that it faced a major task in rebuilding trust in the industry. Meglena Kuneva told Mattel that she would push for new EU rules if not enough was done to stop dangerous toys from coming to market.
BUSINESS
September 13, 2007 | Jonathan Peterson, Times Staff Writer
Testifying to a Congressional panel, Mattel Inc. Chief Executive Robert Eckert said Wednesday that the toy company had upgraded its methods to keep toys safe from excess lead and pointed to overseas contractors as the source of problems that triggered recent recalls affecting more than 20 million toys. "We were let down, and we let you down," Eckert told the Senate Appropriations Subcommittee on Financial Services and General Government.
BUSINESS
August 21, 2007 | From Times wire services
A lawyer filed a suit against Mattel Inc. because of recent recalls of toys made in China that might have contained excessive amounts of lead paint, and he is seeking class-action status. Jeffrey Killino said the suit filed in Los Angeles was aimed at forcing the El Segundo-based toy maker to pay for the testing of children who might have gotten lead poisoning from the toys. Mattel declined to comment on the case.
BUSINESS
August 15, 2007 | Abigail Goldman and Ronald D. White, Times Staff Writers
First it was tens of millions of containers of pet food recalled because of tainted ingredients from China; then it was 1.5 million of the popular Thomas & Friends wood trains, made in China, recalled for lead paint. Two weeks ago, El Segundo-based Mattel Inc., one of the most trusted names in playthings, jolted consumers with warnings that 1.5 million of its Chinese-made Fisher-Price toys also could contain lead paint.
BUSINESS
August 8, 2007 | From Times Wire Services
Mattel Inc. identified the Chinese vendor that made nearly 1 million Fisher-Price toys that were recalled last week because they might contain lead. El Segundo-based Mattel said Lee Der Industrial Co. in Guangdong province made the 967,000 toys sold in the U.S. between May and this month. Mattel last week recalled the plastic preschool toys, including popular Big Bird, Elmo and Dora characters, because they were made with paint found to have excessive amounts of lead.
BUSINESS
August 3, 2007 | Abigail Goldman and Andrea Chang, Times Staff Writers
Diane Brahams was flummoxed as she stood near the toy-car aisle at a Culver City Toys R Us on Thursday. What would be a safe present for her grandnephew who is almost 3 and loves cars? Not long ago, Brahams wouldn't have thought the paint on a modern, name-brand toy would be a threat. But with this week's recall of nearly 1 million playthings from Mattel Inc.'
Los Angeles Times Articles
|