Earlier this month, the CPSC announced an agreement to yet another multi-million dollar settlement. However, in an unusual course of conduct, the CSPC agreed to suspend all but $200,000 of the penalty based on the company’s sworn representations that it could not pay more than $200,000 without ceasing business operations. This agreement was reached after the CPSC charged the company with knowingly failing to report to the CPSC a defect and an unreasonable risk of serious injury concerning a high chair. Between September 2009 and October 2010, the company received multiple reports of incidents involving the high chair, including two that resulted in children’s fingertips being amputated. The CPSC’s full report on this settlement agreement can be viewed here.