Buckyballs Founder Could Be Found Personally Liable for $57 Million In Refunds
The CPSC filed a lawsuit against Maxfield & Oberton in order to stop them from selling Buckyballs back in 2012. But then in December 2012, the founder, Craig Zucker, dissolved the business.
As the business is no longer in operation to be sued, the CPSC is now suing Zucker directly, as well as two other companies, Zen Magnets and Star Networks, that also make similar rare-earth magnets. If the CPSC lawsuit is successful, Zucker could be found personally responsible for refunding customers up to $57 million.