CPSC Magnets Trial in December? Zen Magnets Vows to 'Fight Until the End'
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Two years ago, the U.S. Consumer Product Safety Commission (CPSC) took the uncommon step of filing administrative complaints against multiple rare-earth magnet companies who refused to voluntarily recall magnetic adult desk toy products deemed to be defective by CPSC staff. Specifically, the agency alleged that these companies sold products containing small, but high powered, rare-earth magnets, which pose a “substantial product hazard” to children.
To date, nearly all of the magnet companies have reached a settlement with the CPSC over the government’s claims regarding the magnetic products.
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