Connect with us

Hi, what are you looking for?

Stock

Stanley tumbler ‘quenchers’ maker is being sued over lead claims

The parent company of viral sensation Stanley tumbler quenchers is being sued over claims that it deceived customers over the presence of lead in the products.

The suit, filed earlier this month as a potential class-action case by a Seattle-based firm, alleges Stanley parent Pacific Market International did not publicly confirm the presence of lead in the products until this January.

In that statement, PMI said the stainless steel vacuum seal insulation at the bottom of each tumbler covers a pellet that contains lead, some of which is melted during the manufacturing process.

But the potential for exposure to a user is minimal, PMI said.

“Rest assured that no lead is present on the surface of any Stanley product that comes into contact with the consumer nor the contents of the product,” the statement said, adding that its team was also working on a lead alternative for the component.

However, the suit alleges, if the tumbler is damaged or worn, the seal can break and potentially expose the user to lead.

The ‘quencher’ version of the Stanley tumblers have gone viral over the past year thanks to their colorful, Instagram-ready looks. CNBC reported last year that the products now bring in some $750 million in annual revenues.

More recently, clips of Stanley drinkers using at-home lead testing kits on their products have also gone viral.

But experts told NBC’s Today show last month that the reliability of those tests is questionable, and that the odds of serious lead exposure are negligible.

‘There really is practically zero risk of you ingesting any of the lead that’s in this cup,” Jack Caravanos, doctor of public health and professor of environmental public health sciences at New York University’s School of Global Public Health, told Today.

Nevertheless, the suit alleges that even in its January statement, Stanley and PMI continued to mislead customers because it did not warn consumers about the potential for exposure from damage to the vacuum seal. Nor did PMI disclose how much lead is present in each tumbler cup.

“As the manufacturer and designer of these products, the Stanley Defendants knew or reasonably should have known about this lead issue for years but chose to conceal it from the public presumably to avoid losing sales,” the suit alleges.

In addition to an order demanding Stanley stop its allegedly deceptive practices, the suit also seeks unspecified damages.

PMI did not immediately respond to a request for comment.

This post appeared first on NBC NEWS

World biggest companies

Learn Trading With Online Courses, Classes, & Lessons

You May Also Like

Investing

2023 was a relatively lackluster year, silver largely traded on volatility between US$22 and US$25 per ounce. The white metal started 2024 with less...

Latest News

Dong’s experience, both as head of the People’s Liberation Army Navy (PLAN) as well as operational assignments in the Chinese military’s Eastern and Southern...

Investing

The US was one of the world’s top silver producers in 2023, recording output of 1,000 metric tons (MT). While that’s far below first-place...

Investing

The Canadian pharmaceutical market is the eighth largest in the world and accounts for 2.2 percent of the global prescription drug market. But what...

Disclaimer: GreatWallStreetPublisher.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2024 GreatWallStreetPublisher.com