Toy maker Mattel Inc. will pay more than $262,000 to North Carolina as part of a $12 million, 38-state settlement related to a safety recall of toys last year.
The recall involved toys made in China by Mattel and its Fisher-Price subsidiary. Tests of some of the toys found levels of lead well above what was acceptable under federal standards, according to a statement from N.C. Attorney General Roy Cooper.
“Toys should help our children have fun, not put them in danger,” Cooper says in the statement. “This agreement adds extra safety measures to protect kids and give parents some peace of mind.”
Under the agreement, California-based Mattel (NYSE:MAT) says it will adhere to stricter standards for lead in its toys, and it will maintain at least four years of records for the subcontractors that make parts for its toys.
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