Cybex Intl. Reaches Product Liability Suit Settlement
The fitness company has reached a settlement with the plaintiff in the Barnhard vs. Cybex product liability case that had a $66 million jury verdict handed down in Dec. 2010. At that point, it was believed Cybex would be responsible for that total. Under terms of the settlement, the company has agreed to pay the plaintiff, net of insurance, approximately $19.5 million with $1 million of the total spread over seven ... Log in to view full article.
