Black Friday Sale! 50% Off All Access

IKEA Agrees to $50 Million Settlement in Fatal Dresser Case Two U.S. toddlers died in separate 2014 incidents when MALM dressers fell on them. A 22-month-old boy was killed this year in a similar incident.

By Reuters

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

This story originally appeared on Reuters

JuliusKielaitis / Shutterstock.com

IKEA has agreed to pay a total $50 million to three families in the United States whose children died when the budget furniture group's dresser MALM tipped over them, lawyers representing the families said.

The families were represented by Feldman Shepherd Wohlgelernter Tanner Weinstock & Dodig LLP which said in a statement the Swedish retailer had also agreed to donate funds to children's hospitals as part of the settlement.

IKEA confirmed a tentative settlement had been reached in an emailed statement to Reuters, but declined to comment further as the settlement had yet to be approved by court.

Two U.S. toddlers died in separate 2014 incidents when MALM dressers fell on them. A 22-month-old boy was killed this year in a similar incident, which occurred after IKEA had announced a repair program including a free wall-anchoring kit.

In June, IKEA recalled about 8 million MALM chests and dressers and 21 million other models of chests and dressers in the United States. About 6.6 million were recalled in Canada.

(Reporting by Johannes Hellstrom; Editing by Alistair Scrutton)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Making a Change

This All-Access Pass to Learning Is Now $20 for Black Friday

Unlock more than 1,000 courses to fit your schedule.

Health & Wellness

How to Improve Your Daily Routine to Strike a Balance Between Rest and Business Success

Here's how entrepreneurs can balance their time and energy to prevent burnout.

Business News

The Two Richest People in the World Are Fighting on Social Media Again

Jeff Bezos and Elon Musk had a new, contentious exchange on X.

Money & Finance

Why Donald Trump's Business-First Policies Trump Harris' Consumer-Centric Approach

President Donald Trump's pro-business agenda is packed with policy moves encouraging investment to drive economic growth. The next Congress has a unique opportunity to support entrepreneurship and innovation, improving U.S. competitiveness with the rest of the world.

Growing a Business

Build a Business That Will Sell: From Valuations to a Successful Exit

Join us for this free webinar and learn how to develop a business that buyers will find irresistible.