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Mattel Agrees To $16.9M Deal Ending Suit Over Unsafe Sleeper

By Jeff Montgomery ( January 7, 2025, 3:54 PM EST) -- Mattel Inc. has agreed to settle for $16.9 million a nearly five-year-old Delaware Court of Chancery stockholder derivative suit seeking damages for the company for director and top officer oversight failures purportedly linked to an unsafe "Rock 'n' Play Sleeper" tied to hundreds of infant deaths and injuries....

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