Honeywell Recalls Thermostats Over Fire Risk

Law360, New York (August 2, 2011, 8:01 PM EDT) -- The U.S. Consumer Product Safety Commission on Tuesday announced a voluntary recall of 77,000 electric baseboard and fan heater thermostats made by Honeywell International Inc. over concerns that the thermostats can overheat and pose a fire risk.

The CPSC said the thermostats could overheat, causing them to melt and smoke and creating a burn hazard for consumers.

Morris Township, N.J.-based Honeywell has received 16 reports of melting thermostats but there have been no reported injuries yet. The company is cooperating with the recall, the CPSC said....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.