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A South Carolina minibike and co-cart manufacturer agreed to pay $4.3m to settle charges from CPSC.

Go-Cart Maker Hit With $4.3M Penalty For Failing To Immediately Report Dangerous Defects

Through its recall power, the Consumer Product Safety Commission aims to protect Americans from unreasonable risks found in the things they buy.  And when companies  know about a defective product but don’t tell the CPSC right away, they can end up facing millions of dollars in penalties for delaying a recall. Just ask the South Carolina go-cart manufacturer hit with the agency’s largest-ever penalty. [More]