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Jury finds in company's favor in lawsuit over Bratz dolls By Steve Gelsi & Matt Andrejczak, MarketWatch NEW YORK (MarketWatch) -- Shares of Mattel Inc. surged Friday, rallying after the toymaking giant topped Wall Street's earnings target and won the first round of a high-stakes lawsuit over the Bratz line of dolls. Video: Bratz Dolls a Barbie Relative? WSJ's Nicholas Casey reports that in a lawsuit, Mattel Inc. has accused Bratz makers MGA Entertainment Inc. of essentially stealing the idea for the pouty-lipped dolls. The legal showdown has major ramifications for both companies. (May 23) Net profit at Mattel was cut almost in half from a year ago as its litigation tab has increased due to the ongoing Bratz trial and lawsuits from the 21 million toys it recalled last year. Those expenses cost Mattel $25 million in the... [read full story]
