CPSC Announces Icon Agrees to Pay $500,000 Civil Penalty for Delay in Reporting Exercise Equipment Hazard
Released: Thursday, November 29, 2001 by CPSC
The U.S. Consumer Product Safety Commission (CPSC) announced today that Icon Health & Fitness Inc., of Logan, Utah, has agreed to pay a civil penalty of $500,000. The penalty resolves a lawsuit filed against Icon in U.S. District Court for the District of Maryland last May. The government charged Icon with failing to report serious safety hazards associated with home exercise equipment. The settlement also requires Icon to establish internal recordkeeping and monitoring systems to keep track of information about product safety hazards.
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