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Rose Art Industries

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BUSINESS
March 23, 2001
* Closely held New Jersey toy maker Rose Art Industries said it filed a patent infringement lawsuit against Malibu-based Jakks Pacific Inc., alleging that the rival toy maker copied a children's modeling compound. The complaint takes aim at Jakks Pacific's Zyrofoam, a mass of foam particles and gel that can be molded, like clay or Play-Doh, into shapes.
ARTICLES BY DATE
BUSINESS
March 23, 2001
* Closely held New Jersey toy maker Rose Art Industries said it filed a patent infringement lawsuit against Malibu-based Jakks Pacific Inc., alleging that the rival toy maker copied a children's modeling compound. The complaint takes aim at Jakks Pacific's Zyrofoam, a mass of foam particles and gel that can be molded, like clay or Play-Doh, into shapes.
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BUSINESS
July 14, 2000 | Indraneel Sur
It wasn't exactly a body slam, but Malibu toy maker Jakks Pacific Inc. bested a rival bidder for Edison, N.J., specialty stationer Pentech International. Pentech's board unanimously voted to accept Jakks' offer to buy the company for $20 million in cash and assume $19 million in debt. Jakks, whose World Wide Wrestling figures have been a best seller, originally signed an agreement to buy Pentech in May. But the company was forced to increase its bid by about 15%, from $1.40 to $1.
BUSINESS
April 22, 2009 | DAVID LAZARUS
Canada's Mega Brands Inc., maker of Mega Blox and other popular playthings, agreed to pay a civil penalty of $1.1 million last week in connection with a defective toy that caused the death of a toddler in November 2005 and intestinal injuries in 25 others. Mega Brands didn't actually own the company that made the toy until after the toddler was killed, yet it was legally on the hook for some of the problems.
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