News: 'Thomas' toymaker settles suit over lead for $30M - USATODAY.com

'Thomas' toymaker settles suit over lead for $30M - USATODAY.com
I guess this is good news for consumers. Really I think it's a shame that it ever happened. It's such a hassle returning toys and claiming a refund and all that. What a mess.

The maker of Thomas & Friends Wooden Railway toys has agreed to a $30 million class-action settlement stemming from last year's recalls, the first in what's expected to be a wave of settlements related to millions of toys recalled because of lead paint.
RC2's (RCRC) proposed settlement received preliminary approval in the Circuit Court of Cook County, Ill., Tuesday. It calls for reimbursements for hundreds of thousands of consumers and improved product safety, which RC2 says it has implemented.

Consumers would be reimbursed in cash for recalled toys or offered a replacement plus a bonus toy if they prefer. Customers who lack toys and proof of purchase can get $15 coupons.