CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Rules of Retirement Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts

HSN pays to settle pressure cooker case

Government says the shopping network agrees to $875,000 penalty on allegations involving burn injury complaints.

Subscribe to Companies
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

NEW YORK (CNNMoney.com) -- HSN - formerly known as the Home Shopping Network - has agreed to pay $875,000 to settle allegations that it failed to report safety information related to the recall of about 3,900 Wellbilt Electronic Pressure Cookers, the U.S. Consumer Product Safety Commission said Thursday.

The commission alleged that, from September 2001 through about October 2004, HSN received at least 25 consumer complaints related to the safety of the devices and failed to report them immediately as required by Federal law. According to the agency, HSN didn't report complaints until February 2005. The units weren't recalled until June 2005.

According to the recall notice issued in 2005, HSN received 43 reports of the pressure cooker lid popping open prematurely, which could allow the cooker's hot contents to injure nearby individuals. Burn injuries, least four of which were third-degree burns, were reported in 37 of the complaints.

The CPSC said HSN, in agreeing to settle the matter, denied any allegations of wrongdoing.

The commission said the Consumer Product Safety Act requires that sellers like HSN report complaints immediately if there is a risk of serious injury or death. To top of page

Photo Galleries
Biggest losers: Where Americans aren't moving Through most of the decade Florida was one of the fastest growing states. But the sunny clime -- and 6 others -- lost more residents than they gained in the year ended July 1. More
8 hot cars: Class of 2000 In just 10 years, the market's changed a lot when it comes to cars. Where are these models now? The Prius became a hit; the Aztek got killed. More
Obama's Main Street favorites President Obama meets often with small business owners, peppering his speeches with their stories. We checked in with 6 entrepreneurs touted by the President to find out how they handle health care. More
Sponsors
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.