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October 29, 2021

Posted  October 29, 2021

China-based Gree Electric Appliances Inc. of Zhuhai and two of its subsidiaries have agreed to pay $91 million in the first corporate criminal enforcement action ever brought under the Consumer Product Safety Act (CPSA).  The settlement resolves criminal charges against Gree for knowingly failing to inform the U.S. Consumer Product Safety Commission that over 2 million dehumidifiers sold to U.S. consumers were defective and prone to catching on fire.  USAO CDCA

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