Lead-paint "Thomas the Tank Engine" suit settles for $30 million
Toy Manufacturer RC2 Brands agreed in Cook County Circuit Court to pay $30 million to settle a nationwide class-action lawsuit representing hundreds of thousands of families who bought the Thomas & Friends toys -- setting a precedent for other suits filed against toy companies in last year's China manufacturers/lead paint scandal.
Under the settlement agreement, expected to receive final approval in May, class members can receive cash refunds or replacements of the toys based on the PBS children's TV show -- plus a "bonus" toy. Also, RC2 will institute new quality controls to prevent future infractions.
Click here to read more on the RC2 settlement for Thomas the Tank Engine
