Vornado Trust to Pay $500,000 Civil Penalty for Failure to Report Defects and Hazards with Electric Heaters.

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M2 PRESSWIRE-1 February 2008-CPSC: Vornado Trust to Pay $500,000 Civil Penalty for Failure to Report Defects and Hazards with Electric Heaters(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:31012008

WASHINGTON, D.C. - The U.S. Consumer Product Safety Commission (CPSC) announced today that a liquidating trust acting on behalf of a now-dissolved manufacturer of heaters has agreed to pay the government a $500,000 civil penalty. The penalty settles allegations that Vornado Air Circulation Systems Inc., formerly of Andover, Kan., failed to report in a timely manner incidents of fire and overheating from defective heaters. In August 2004, CPSC and Vornado announced the recall of about one million portable electric heaters.

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