Mattel Toy Settlement Only Benefits Lawyers

15. December 2011 by Planck's Constant


Photo Credit: Ethic SoupIn my article Chinese Toxic Toys we noted that four years ago Mattel recalled more than 20 million toys which contained excessive levels of toxins. What we did not discuss were the subsequent legal repercussions. A few years after the recall, Mattel settled a class-action lawsuit (1) that mainly benefited the lawyers, as in 99.9% of all class-action lawsuits.... [Read the Rest of this Post]

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