ZEN MAG­NETS GETS FINED FOR SELL­ING RE­CALLED PROD­UCTS

The Denver Post - - BUSINESS - By Max Siegel­baum

Zen Mag­nets has to pay $10,000 for sell­ing tiny spher­i­cal mag­nets that had been or­dered re­called by the Con­sumer Prod­uct Safety Com­mis­sion, ac­cord­ing to a court fil­ing sub­mit­ted on Wed­nes­day. U.S. Dis­trict Court Judge Chris­tine M. Ar­guello also or­dered the Den­ver­based com­pany to de­stroy the re­main­ing re­called in­ven­tory of about 400,000 BB-size mag­nets, worth about $40,000.

Since 2012, Zen Mag­nets owner Shi­han Qu has fought a na­tion­wide push by the CPSC to get pow­er­ful mag­netic spheres off the market. The agency says the tiny mag­nets are dan­ger­ous to chil­dren be­cause they can tear through their or­gans if swal­lowed.

Zen Mag­nets last week scored a ma­jor vic­tory when a judge over­turned the CPSC‘s ban on the type of mag­nets the com­pany sold in sets in­tended to be molded to­gether in sculp­tures or artis­tic de­signs.

Ar­guello set a $5.5 mil­lion penalty in the re­call case, but re­duced it be­cause Zen could not af­ford the fine. “I think this was a mes­sage to other com­pa­nies,” Qu said.

Qu is still tak­ing pre-or­ders for mag­net sets.

“I’m glad that this com­pany is not over with,” he said, “be­cause I hap­pen to still love the mag­nets, de­spite what the CPSC put me through.”

Cyrus McCrim­mon, The Den­ver Post

Zen’s tiny mag­netic balls have been ques­tioned for safety.

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