Statement from Isaac Larian, CEO of MGA Entertainment

LOS ANGELES--(BUSINESS WIRE)--MGA Entertainment, Inc., in response to media and other inquiries, released the following statement today clarifying certain issues in its trial with Mattel over the Bratz dolls:

  • Isaac Larian did not know who Carter Bryant was until September 1, 2000.
  • Isaac Larian told Carter Bryant to leave Mattel on October 4, 2000 (the date he signed the contract with MGA) and start working full time at MGA.
  • Until Mattel filed its lawsuit against Carter Bryant in April 2004, Isaac Larian and MGA believed that Carter Bryant had left Mattel on October 4, 2000, as instructed by Mr. Larian. Mr. Larian and MGA were not aware that Mr. Bryant was working at Mattel and for MGA from October 4 to October 19, 2000, and getting paid from both companies for those two weeks.
  • The salary Mr. Bryant received from Mattel during those two weeks was about $2000; the salary Mr. Bryant received from MGA for those two weeks was about $2,250. Despite this fact, Mattel is asking the jury to award them damages (from Isaac Larian) over $700 million for these two weeks (October 4-19, 2000)!
  • Mattel, on the eve of trial, fully settled with Carter Bryant for what they termed all of his sins.

Contacts

Silver Public Relations
David Silver, 213-488-6161
info@silverpr.com

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