WASHINGTON – An additional 4 million Magnetix magnetic building sets are being recalled after children swallowed the tiny magnets in them and were seriously injured, the Consumer Product Safety ...

Sharon Grigsby pleaded with the operator at the federal safety hot line. A popular new toy, Magnetix, nearly killed one of her preschoolers. Please do something, Grigsby remembers urging.When the ...

Mega Brands, the company that made Magnetix building sets, has agreed to pay a $1.1 million civil penalty to settle claims that the company failed to give the government timely information about the ...

NEW YORK (CNNMoney.com) -- Toy maker MEGA Brands has recalled about 2.4 million magnetic toys due to a choking hazard, the Consumer Product Safety Commission said Monday. The CPSC said small magnets ...

The Consumer Product Safety Commission has announced an expanded recall of Magnetix Magnetic Building Sets, encompassing an estimated 4 million additional units. The recall follows what the CPSC is ...

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MONTREAL – Mega Brands Inc. has won a $72-million settlement related to its ill-fated acquisition of the Magnetix line of magnetic toys. Under the settlement with Lawrence, Jeffrey and Sydney Rosen, ...

OTTAWA (Reuters) - Shares in Mega Brands sank nearly 16 percent on Wednesday to an all-time low after Canada's biggest toy maker said it will take a $30 million fourth-quarter charge, largely for ...

MONTREAL – Mega Brands says it is turning one of the last pages on its defective magnetic toy after agreeing to settle a U.S. consumer lawsuit ahead of what is expected to be strong third-quarter ...

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MONTREAL – Toymaker Mega Brands Inc. (TSX: MB) says its challenges are behind it after fourth-quarter profit fell to US$2.8 million from a year-earlier US$20.9 million, dragged down by Magnetix ...