![]() ![]() ![]() “When PlastWood explained the difference between the products, the buyer said ‘We don’t care, they are all magnetic toys.’” He adds that “many big retailers are continuing to market the old toys alongside the redesigned, ostensibly safer version,” leading to the potential for further injuries to children and further linking of PlastWood’s products in people’s minds to Magnetix. “A buyer from one of the big-box retailers told PlastWood they were canceling a multi-million dollar order as a direct reaction to the Magnetix issue,” says Styant-Browne. The Corporation believes it has valid defenses to the complaint and intends to defend the action vigorously.” ![]() The complaint does not provide support for Plastwood’s allegations of its own lost sales and other consequences. The complaint is based in significant part on representations alleged to have been made prior to the Corporation’s acquisition of Rose Art. and Plastwood Corporation have filed a complaint against Rose Art Industries, Inc., (“Rose Art”) and Mega Brands in the United States in the Western District of Washington. subsidiary, PlastWood Corp., against Mega Brands and its subsidiary Rose Art Industries seeking unspecified damages for allegedly “poisoning” the magnetic toy market following last year’s widely publicized cases of injuries and deaths attributed to Rose Art’s Magnetix line.Ĭalls to Mega Brands by Playthings since PlastWood’s announcement of the suit were not returned, but yesterday the company released the following statement: MONTREAL- Mega Brands has responded to a lawsuit filed this week by competing magnetic construction toy manufacturer PlastWood s.r.l., Sardinia, Italy, and its U.S. ![]()
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