Battat Inc. Agrees to $400,000 Civil Penalty for Failing to Report Children’s Magnetic Toy Sets

Battat Inc. has agreed to pay $400,000 in civil penalties to the Consumer Product Safety Commission for failing to report a defect in their children’s magnetic toy sets. The fines settle claims against the company over defects associated with the Magnabild Magnetic Building Sets. The company allegedly failed to promptly report defects to the CPSC, which is required by federal law.  https://www.prnewswire.com/news-releases/battat-inc-agrees-to-400000-civil-penalty-for-failing-to-report-childrens-magnetic-toy-sets-162611686/