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US CPSC Says Shimano To Pay $11.5 Mln Civil Penalty For Not Reporting Crash Hazard Cranksets

ReutersMar 16, 2026 5:30 PM

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

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