Representative Phil English (R-Pa.) wants to give companies a one-year holiday, during which they could bring that money home and be taxed at the low rate of 5.25%.
It's too early to tell if this lawsuit will have an impact on the Tabeo's launch plans, but if Fuhu has its way, Toys R Us will receive a lump of coal and a court order this holiday season.
Hasbro was involved in much more drastic price cutting in the holiday season though, especially in Toys R Us stores, Sterne Agee analyst Marget Whitfield said in a note to investors.