| Thomas & Friends Toy Recall Class Action Granted Preliminary Approval |
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| Monday, 28 January 2008 | |
An Illinois court granted preliminary approval to a nationwide class action settlement today, resolving the claims of hundreds of thousands of people who bought Thomas & Friends toys allegedly contaminated with lead paint.
The settlement, which is valued at over $30 million, also guarantees that RC2 Corporation – the manufacturer of the popular children’s toys – will implement a battery of safeguards to ensure that its toys are suitable for children to play with in the future. “In recent months, moms and dads from around the country have learned that they cannot assume that their children’s toys are safe simply because they came from the shelves of large retailers. This settlement is an important step towards ensuring that this is a problem of the past,” explained Jay Edelson of KamberEdelson, LLC, who, along with his partner Scott A. Kamber, and William Audet of Audet & Partners, LLP, were appointed to represent the class as lead counsel. The settlement was joined by lawyers who filed similar class actions in Florida, California, New Jersey and Tennessee. Under the settlement agreement, eligible class members can receive full cash refunds or replacement toys with an additional “bonus” toy. The settlement also provides for $100,000 to go to an appropriate not-for-profit organization. The parties have established a website at http:/www./thomastrainsettlement.com/ to provide additional details about the settlement. Souce: KamberEdelson release |
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An Illinois court granted preliminary approval to a nationwide class action settlement today, resolving the claims of hundreds of thousands of people who bought Thomas & Friends toys allegedly contaminated with lead paint.