Brief: US CPSC Says Shimano To Pay $11.5 Mln Civil Penalty For Not Reporting Crash Hazard Cranksets
16/03/2026 17:30
March 16 (Reuters) - US CPSC: US CPSC: SHIMANO AGREES TO PAY $11.5 MILLION CIVIL PENALTY FOR FAILURE TO IMMEDIATELY REPORT BICYCLE CRANKSETS THAT POSED A CRASH HAZARD -WEBSITE US CPSC-SETTLEMENT AGREEMENT REQUIRES SHIMANO TO MAINTAIN INTERNAL CONTROLS, PROCEDURES DESIGNED TO ENSURE COMPLIANCE WITH CONSUMER PRODUCT SAFETY ACT ((Reuters.Briefs@thomsonreuters.com;))
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