Shimano has agreed to pay an $11.5 million civil penalty in the US for failing to immediately report that the cranksets it recalled in 2023 posed a hazard to users.
The parts manufacturer recalled 760,000 11-speed Hollowtech II cranksets in September 2023, reporting more than 4,500 incidents of the product separating, six of which resulted in injuries, “including bone fractures, joint displacement and lacerations,” according to the US Consumer Product Safety Commission (CPSC).
