Summary
Expired trademark rights did something none of Dr. Evil's fiendish plots could: It put Captain Action out of commission for most of the past four decades.
The character, regarded as the first action figure -- and also the first action figure to be combined with superheroes characters - - when introduced in 1966, was in legal limbo until Joe Ahearn and Ed Catto, two North Jersey residents who met in a Captain Action Yahoo chat room, decided to buy the rights.See the full content of this document
Extract
Duo's 'Action' Totally Dynamic
Ahearn, an insurance consultant who lives in Hawthorne, and Catto, a marketing executive from Ridgewood, bought the rights to Captain Action in 2005. Much like superheroes with secret alte...
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