HTN: Mattel Settles Lead Suit

Toymaker Mattel, which owns East Aurora's Fisher-Price, has reached a 12-million-dollar settlement with 39 state attorneys general, including New York's. The settlement stems from a 2007 recall of toys made in China which were found to have lead levels far more than federal standards allow. Mattel has also agreed to stricter standards for lead in toys made after November 30th, as well as to keep four years of records from subcontractors. New York's portion of the settlement is 340-thousand.