Buckyball magnetic toys recalled, ending legal fight

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Buckyball magnetic toys recalled, ending legal fight

By Ian Simpson WASHINGTON (Reuters) - Magnetic toys called Buckyballs, which can be swallowed and have been blamed for numerous injuries, are being recalled at the end of a years-long legal fight, the U.S. Consumer Product Safety Commission said on Thursday. Millions of the loose, high-powered rare earth magnets were sold as toys and desktop accessories. Under a settlement accord, owners of Buckyballs and similar Buckycubes can obtain refunds through a trust overseen by the CPSC, the agency said in a statement. Craig Zucker, co-founder of the former distributor of Buckyballs, Maxfield and Oberton Holdings, will fund the trust.

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