Under federal law, manufacturers, distributors, and retailers are required to immediately report information regarding possible safety defects to the Consumer Product Safety Commission within 24 hours of obtaining reasonable supporting evidence. Kawasaki allegedly failed to do this with regard to defects in thousands of eventually recalled recreational off-highway vehicles (ROVs) and now the company has agreed to pay a $5.2 million penalty. [More]
civil penalty
Kawasaki To Pay $5.2M To Resolve Allegations It Didn’t Properly Report Defects, Injuries Related To Recall
By 6.2.17 — Updated: 6.9.17
Keurig To Pay $5.8M Over Failure To Report Defective Coffee Brewers
By 2.22.17
Under federal law, manufacturers, distributors, and retailers are required to immediately report information regarding possible safety defects to the Consumer Product Safety Commission within 24 hours of obtaining reasonable supporting evidence. Keurig allegedly didn’t follow that rule when it came to the Dec. 2014 recall of 7 million MINI Plus Brewing Systems, and now the company must pay $5.8 million. [More]
Student Loan Debt Collector To Pay $700,000 For Unlawful Collection Practices
By 2.15.17
With more than 40 million consumers holding thousands of dollars in student loan debt, it’s no surprise that student loan debt collection is a growing business. Yet, these collectors must follow federal rules when it comes to enticing debtors to repay their obligations. Despite this, federal regulators say one company wasn’t following the rules, and must now pay $700,000. [More]
