The Consumer Product Safety Commission has announced a provisionally accepted settlement with Cybex International, Inc. The settlement involves a civil penalty of $7,950,000 due to Cybex's failure to promptly report defects in their Arm Curl and Smith Press machines, which posed serious injury risks. Cybex has agreed to enhance its compliance program but does not admit to any wrongdoing. The public can submit comments or objections to this settlement until March 4, 2021.
Simple Explanation
Cybex International, a company that makes exercise machines, has to pay a big fine of $7,950,000 because some of their machines were not safe, but they aren't saying they did anything wrong. If people want to say what they think about this, they can do so until March 4, 2021.