Mattel for Barbie (film series). Mattel purchased The Ringling Bros. and Barnum & Bailey Circus in 1971 for $40 million from the Feld family, whom Mattel kept as management. Mattel sold the circus corporation by December 1973, despite its profit contributions, as Mattel showed a $29.9 million loss in 1972. In 1974, an investigation found Mattel guilty of issuing false and misleading financial reports, banishing Elliot and Ruth Handler from their own company. In 1991, Mattel moved its headquarters from Hawthorne, California to El Segundo, California. Arthur S. Spear, a Mattel vice president, took control of the company in 1975, who
Brad Handler announced it had acquired nearly 2,000 club members. The company has also been active philanthropically, helping raise over $1.5 million, as of August 2012, for nonprofit organizations, schools and hospitals across the country by providing vacation homes for auction at fundraising events. In addition to his entrepreneurial pursuits, Handler is a lecturer at Stanford Law School and the University of Virginia School of Law. He is a board member of New Moon Girls magazine. He is also an active angel investor and is credited with numerous patents. Handler is a contributor to Forbes.com. Brad Handler Brad Handler (born July 19,