Case Details

Year Initiated/Committed

1997

Year Resolved

1997

Settlement Amount

$50,000

Court

Connecticut Superior Court (Hartford Judicial District)

Docket Number

CV-97-0573484-S

Lead State

CT

Participating States

CT

Defendant(s)

Ty, Inc.

Case Description

Manufacturer of Beanie Babies toys agreed to pay $50,000 to settle allegations that the company, Ty Inc. improperly forced a
retailer to set prices for the Beanie Baby product line. The company denied the allegations and under the agreement admits no wrongdoing. In addition to the payment to the state, the company also agreed to reinstate a retailer, Tybran Inc., as a seller of the Beanie Baby product, provided it changes its trade name to a name that is acceptable to the company.