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Warren Buffett’s Forest River Fined $5 Million For Safety Violations

Warren Buffett speaking
Fortune Live Media

The Associated Press reported that Forest River, owned by Warren Buffett’s Berkshire Hathaway, was fined $5 million because it “mishandled safety concerns.”

Elkhart, Indiana-based Forest River could face up to $30 million in fines if any other safety violations are found over the next three years.

Forest River failed to report required data on time and also delayed the issuance of recalls when problems in 1,000 of its camper trailers were found.

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US Department of Transportation Secretary Anthony Foxx said,

Safety is a critical shared responsibility, and when manufacturers fail to meet their responsibility, the Department will enforce the law.

More information at the Elkhart Truth.

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