Azrak-Hamway International, Inc., Marvin Azrak, Ezra Hamway; Consent Agreement With Analysis To Aid Public Comment

Resumo

In settlement of alleged violations of federal law prohibiting unfair acts and practices and unfair methods of competition, this consent agreement, accepted subject to final Commission approval, would bar the New York City-based corporation from using deceptive demonstrations and certain other misrepresentations in future advertising campaigns. Azrak-Hamway, which distributes toys through its Remco Toys Division, is also required to notify television stations that ran its allegedly deceptive ads of the FTC action, to advise television stations of the availability of guidelines for screening children's advertising, and to offer a refund to customers who bought its Steel Tec toy vehicles. The consent agreement settles allegations stemming from the advertising and marketing of Azrak-Hamway International's line of Steel Tec toy vehicles.