Shimano Agrees to Pay $11.5 Million Civil Penalty for Failure to Immediately Report Bicycle Cranksets that Posed a Crash Hazard
March 16, 2026
March 16, 2026
WASHINGTON, March 16 -- The Consumer Product Safety Commission issued the following news release:
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Shimano Agrees to Pay $11.5 Million Civil Penalty for Failure to Immediately Report Bicycle Cranksets that Posed a Crash Hazard
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WASHINGTON, D.C. - The U.S. Consumer Product Safety Commission (CPSC) is announcing that Shimano, Inc., of Japan, and Shimano North America Holding, Inc., of Irvine, California, have agreed to pay an $11.5 million . . .
* * *
Shimano Agrees to Pay $11.5 Million Civil Penalty for Failure to Immediately Report Bicycle Cranksets that Posed a Crash Hazard
*
WASHINGTON, D.C. - The U.S. Consumer Product Safety Commission (CPSC) is announcing that Shimano, Inc., of Japan, and Shimano North America Holding, Inc., of Irvine, California, have agreed to pay an $11.5 million . . .