Skip to content Skip to sidebar Skip to footer

Mattel walked back pledge to donate millions to UCLA children’s hospital, lawsuit claims

Mattel, the toy company that owns huge franchises like Hot Wheels and Barbie, is facing a new lawsuit brought by UCLA and its health system, claiming the company failed to make good on a pledge to donate $50 million to the university’s children’s hospital. 

The company had pledged and completed large donations to the UCLA children’s hospital before. Mattel formed a partnership with the university in 1998 and, in exchange for the hospital bearing Mattel’s name per the terms of an agreement, donated $25 million to the hospital over a period of time, according to the complaint filed Nov. 19 in Los Angeles and obtained Wednesday by CBS News.

Read the full article…