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Mga Entertainment Company

BUSINESS
February 11, 2006 | From Bloomberg News
MGA Entertainment, the maker of Bratz fashion dolls, may sell shares to the public as early as this year, Chief Executive Isaac Larian said Friday. The Van Nuys company is in talks with investment banks including JPMorgan Chase & Co. and Morgan Stanley, Larian said. MGA is challenging Mattel Inc.'s Barbie with the popularity of the Bratz line of dolls. An initial public offering would help the toy maker expand the Bratz line, which was introduced in 2001.
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BUSINESS
March 25, 2005 | From Associated Press
A Chinese manufacturer of Bratz Stylin' Scooters is recalling about 297,000 scooters because the wheels can break or become damaged, which can lead users to fall or suffer injuries, the Consumer Product Safety Commission said. The distributor, MGA Entertainment Inc. of Van Nuys, has received six reports of cracked wheels. All the incidents resulted in cuts, scrapes and bruises. In one case, a child suffered a broken arm. The recall includes scooters manufactured by Jurong Dumar Bicycle Inc.
BUSINESS
April 29, 2004 | From Reuters
Mattel Inc. said it filed suit against a former employee, accusing him of working for a rival and violating his employment contract with Mattel. The suit charges that Carter Bryant secretly worked for a competitor while still employed by the El Segundo-based toy maker and that he misappropriated intellectual property, Mattel said. Mattel declined to comment on which competitor Bryant worked for.
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