The point I am trying to make is way things work in US, most likely C-levels and high level officials of companies get away with it. I am sure there are cases when folks got into trouble. Apple had Antennagate for one of the iphones and even with a class-action lawsuit people got like $15 reimbursement. For these huge companies in most of the time amount of fines are more like margin of error in accounting spreadsheet.
billyhoffman|4 years ago
One is a company that built a product with a design flaw effecting only one aspect of the product (cell radio) that was only triggered under certain circumstances (placing you fingers in certain positions). A civil lawsuit against the company caused the company to issue a fix (free bumper case which insulated the antenna) that retroactively fixed all products that shipped with the flaw.
The other is a medical device company that sold a product that didn’t work, giving incorrect results that directly informed how people treated or even detected health problems. People inside the company knew this and lied anyway, repeatedly, and then those people induced and conspired with others to hide their fraud. Those specific people are now facing criminal charges.
floatboth|4 years ago