Target & Walmart Stock May Get Hit by Lawsuit

2

There is a new lawsuit against companies Target and Walmart over lead-contaminated toys.

The lawsuit, filed in New York state court in Albany, is over “Cra-Z-Jewelz” jewelry-making kits that were imported by LaRose and sold by Target and Walmart.

These have been inspected because complaints had been made.

Tests conducted by the attorney general’s office found that the kits contained levels of lead that were up to 10 times higher than the federal limit, according to the complaint.

The lawsuit seeks civil penalties collectively ranging from $70 to $6,000 for each “Cra-Z-Jewelz” kit the companies sought to sell in New York.

If this lawsuit succeeds it could have an impact on Target & Walmart Stock.

2 COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here