⚖️Fitbit's $12.25M Civil Penalty and Compliance Agreement Summary
Proposed Settlement Agreement, Stipulation, Order and Judgement, etc.; Fitbit, LLC
Summary
The Commission publishes in the Federal Register any settlement that it provisionally accepts under the Consumer Product Safety Act. Published below is a provisionally accepted Settlement Agreement with Fitbit, LLC, containing a civil penalty in the amount of $12,250,000 subject to the terms and conditions of the Settlement Agreement. The Commission voted unanimously (5-0) to provisionally accept the proposed Settlement Agreement and Order pertaining to Fitbit, LLC.
Agencies
- Consumer Product Safety Commission
Business Impact
$$ - Med
The Settlement Agreement involves a civil penalty of $12,250,000 against Fitbit for compliance failures related to consumer product safety, which directly impacts financial obligations and regulatory compliance for businesses. The requirement for Fitbit to maintain a compliance program is crucial for other businesses to ensure adherence to similar regulations.