Description
Understand the core issues that arise in product recalls, including legal exposure, agency intervention and financial implications.Many manufacturersproducers face the risk of a product they put out creating a danger to the population through either a design problem or contamination related to items that can be ingested. They can face the wrath of several federal andor state agencies like the Consumer Product Safety Commission or the Federal Drug Administration. Furthermore, the potential for mass litigation and associated impact financially on the company can be disastrous. This topic helps those responsible for advising or deciding if and when to administer a recall, what agencies may be involved, the impact it may have on exposure to the business and other considerations. The presenters have dealt with numerous litigations surrounding recalls, and can discuss what impact the recalls had in dealing with many of the issues associated with lawsuits.
Date: 2020-05-13 Start Time: End Time:
Learning Objectives