December 1, 2008
Monday
     

'Thomas' Toymakers to Pay $30M Settlement

Date: 01-24-2008
Type: news brief
Categories: CSR - General / Health & Wellness
Source: CNN.com
Organization:
CNN.com

The maker of "Thomas & Friends Wooden Railway" toys has agreed to pay $30 million to settle a nationwide class-action lawsuit by thousands of families who purchased lead-tainted products.

Under the deal, Oak Brook-based RC2 Brands will offer cash refunds or replacement toys, plus what the company calls a bonus toy; it also promises to implement new quality controls, said Jay Edelson, a plaintiffs' attorney in the case.

The company - which had 2006 sales of about $500 million - has dropped its supplier, Hansheng Wood Products, which made the Toad pieces as well as the items in the first recall.

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