Record High Settlement Reached Between CPSC and Gree Electric Appliances
On March 25th, the CPSC announced an eye-popping $15.45 million dollar settlement with Gree Electric Appliance Companies (“Gree”), for numerous violations of the CPSA. Gree manufactured, imported and sold approximately 2.5 million dehumidifiers in the United States before December 2012. In July 2012, it is alleged that Gree had received reports of “smoking, sparking and …
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