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US officials said Monday that Mattel, the huge US toy company, will pay 12 million dollars to US authorities because of last year’s recall of two million Chinese-made toxic toys.

These toys were fabricated by Mattel and subsidiary Fisher Price and had traces of lead paint in them.

Please see our past post on High Level of Lead Found in Toys from China.

39 US states reached a settlement agreement with Mattel and Fisher-Price, yahoo news reports, “resolving a 15-month probe into the events that lead to the voluntary recall of the companies’ toys.” The actual settlement will be divided among the participating states. Attorney General of Massachusetts, Martha Coakley, said that “the agreement also included lead monitoring requirements aimed at preventing such a public health scare, in addition to funds for protecting children from the dangers of lead poisoning.”

The US Consumer Product Safety Commission since October 2007 has recalled around two million Mattel and Fisher-Price toys, all of which were manufactured in China because of high lead levels.

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