There is much to-do about magnets lately. We wrote previously about the lawsuit filed by the CPSC against Craig Zucker, CEO of Maxfield and Oberton, the manufacturer of Buckyballs. We then heard from Scott Wolfson, director of communications for the CPSC, who offered some observations as well as some clarifications.
Read MoreTag: Lawsuit
Lawsuits, Buyouts and Time Travel
Updates on the Obama campaign lawsuit and the CPSC product safety database, as well as the best excuse to order both the omelet and waffles at brunch on Sunday.
Read MoreHalloween Horrors: 3 Recent Product Lawsuits That Will Send a Chill Down Your Spine
Will you learn from these cautionary tales?
Read MoreAmerican Apparel Issues Statement in Response to Lawsuit
Los Angeles-based American Apparel Inc. issued the following statement in response to news reports of a lawsuit filed by a former employee:
“American Apparel denies all of the allegations in Mr. Hernandez’s lawsuit and will vigorously defend itself and its shareholders in this contemptible action. Mr. Hernandez was a non-accounting employee in the information technology department who was terminated for legitimate reasons. The allegations in this lawsuit are fictional, which the company believes represents a cynical attempt to extract phony leverage by Mr. Hernandez’s counsel, Keith Fink, who has been engaged with the company in other litigation for over three years. The facts are