Tech 4 Kids and Irwin Seek Injunctive Relief and Millions in Compensatory and Punitive Damages Against Redwood Ventures
TORONTO, April 8, 2016 /PRNewswire/ - Tech 4 Kids, Irwin RX Ltd. and iToysUSA Ltd., creators of 3D MAGIC – 3D Maker products initiated legal action against Redwood Ventures Ltd. alleging Redwood engaged in fraud and misrepresentation in relation to Redwood's IDO3D products. The action is in response to Redwood's prior lawsuit naming Tech 4 Kids, iToys, Irwin RX and their 3D MAGIC brand 3D Maker products. Tech 4 Kids, iToys and Irwin RX initiated the filing of counterclaims on Wednesday, April 6, 2016 in the Western District of Arkansas.
Tech 4 Kids and Irwin have always maintained their belief that Redwood's lawsuit was baseless and was filed to interfere with the sale and distribution of their 3D MAGIC branded products. Tech 4 Kids and Irwin's counterclaims against Redwood and its president, Andy Wiseman allege they engaged in fraud, misrepresentation and false advertising. "Our counterclaims are the result of diligent review and investigation of the facts" said Brad Pedersen, President & CEO of Tech 4 Kids. "We are intent on ensuring that the truth is revealed and that the damages we have suffered are compensated," states George Irwin President & CEO of Irwin RX the Global Manufacturer and Worldwide Distributor of the 3D Magic 3D Maker brand of products.
About Tech 4 Kids
Tech 4 Kids is a global marketer of trend-driven, innovative and educational toys for today's kids. The company has a passion for play, creating smiles and delivering Wow! - always! Some of Tech 4 Kids most popular products include; 3D Magic Maker, Storytime Theater™, Mash'Ems, Fash'Ems, Soft Lites, and Action Lites. Tech 4 Kids also produces a wide range of these and other products based upon many popular children's entertainment brands, including Disney, Marvel, Star Wars, Nickelodeon, Hasbro, DC Comics, etc. Visit Tech 4 Kids at www.tech4kids.com to see more awesome products.
SOURCE Tech 4 Kids Inc.
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