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Personal Finance
Futon recall announced
April 3, 2000: 10:03 p.m. ET

Standard Mattress recalls 47,000 futons, must pay civil penalty
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Washington, D.C. (CNNfn) - In cooperation with the U.S. Consumer Product Safety Commission (CPSC), The Standard Mattress Co. of Hartford, Conn., will recall approximately 47,000 futons. In addition, the company will pay a civil penalty of $60,000, settling allegations that it violated the Federal Flammable Fabrics Act by manufacturing futons that failed to comply with the Standard for the Flammability of Mattresses and Mattress Pads.
    CPSC alleges that certain futons manufactured by Standard failed flammability tests. CPSC also alleges that, between 1995 and 1998, Standard failed to conduct any flammability tests on its futons and to maintain records, as the law requires when a manufacturer changes plants. Standard has taken steps to ensure that its futons comply with all of the requirements of the mattress standard, including testing and record keeping.
    In agreeing to settle this matter, Standard denies that it violated the federal Flammable Fabrics Act or any other law administered by the commission.
    
Recall

    The futons being recalled were sold between May 1998 and October 1998 with model numbers 605, 608, 611 and 613, sold under the brand names of Gold Bond, IKEA, and Verlo.  The model number and brand name are located on the permanently sewn-in label.  The futons come in varied sizes, most of which are full size. Other sizes include king/chair, queen and twin.  All are covered in a cotton/polyester fabric in a natural (off-white) color.
    Furniture and futon stores nationwide sold the futons for $140 to $250.
    Consumers who purchased one of these futons during this period should immediately call the Standard Mattress Co. toll-free at (888) 512-6169) anytime to obtain a free replacement futon.  Consumers should not return the futons to the store where they purchased them.  Replacements are available only by calling the company. Back to top

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.