STAMFORD, Conn. (AP) - World Wrestling Entertainment Inc., a promoter of wrestling events and other entertainment, said Thursday none of its licensed toys are involved in a New York State recall.
The company said "Wrestle Mania" action figures included in the recall are made by an unknown manufacturer that did not ask for permission to license WWE products.
Earlier this week Governor Eliot Spitzer's administration included the "Wrestle Mania" toys, which are distributed by AA of America, in a list of three products it said had excessive lead levels in their paint.
Spitzer requested the federal Consumer Product Safety Commission issue a national recall of the toys, which also included the "Army Force" car set imported by Encore Sales of Ontario, Canada, and green and orange "Sprite Tractor Trailer" toys. The toys are made in China and sold in dollar stores.
Once further information is obtained, WWE said it plans to request the appropriate courts stop the manufacturer from creating the action figures without its consent.
Shares of World Wrestling Entertainment shed 8 cents to $14.63 in morning trading.
WWE: LICENSED TOYS NOT IN N.Y. RECALL
- 12/13/2007 (2:25:56 pm)
- Media
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Dec 13 (Reuters) - World Wrestling Entertainment Inc (WWE.N: Quote, Profile , Research) said it has not licensed any of the toy products identified in the New York state recall of unsafe toys.
The company said the "Wrestle Mania" product identified was manufactured by an unknown company and that it did not have an agreement to license World Wrestling Entertainment's products.
The company said it planned to file papers with the courts to stop the manufacturer from using its intellectual property without permission. (Reporting by Neetha Mahadevan in Bangalore; Editing by Amitha Rajan)
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