Frequently Asked Questions

What were the most expensive product recalls of 2023

In 2023, product recalls reached a seven-year high, with some of the most costly involving various industries. The total value of recalls was estimated between $12.9 billion and $24.6 billion. Some major recalls included automotive recalls, with Ford and Honda leading in numbers, and high-profile consumer product recalls, such as the re-announced Fisher-Price Rock ‘n Play Sleepers linked to multiple infant deaths. Recalls also spanned pharmaceuticals, food, and medical devices, highlighting significant risks to consumers across various sectors.

In this article, we will take a closer look at the most expensive product recalls of 2023.

Fisher-Price Rock ‘n Play Sleepers

This product was re-announced due to its link to over 100 infant deaths, estimated at over $60 million in damages.

Return to Table of Contents

Peloton Treadmills

After numerous injuries and one death, this recall cost the company around $165 million.

Return to Table of Contents

Ford and Honda Vehicle Recalls

Leading the automotive recalls, these companies collectively recalled millions of vehicles, costing an estimated $4 billion.

Return to Table of Contents

Philips Respironics Ventilators

A recall due to foam degradation in these devices created an estimated liability of over $1.2 billion.

Return to Table of Contents

Similac and Alimentum Baby Formula

Following bacterial contamination concerns, the cost of this recall was estimated at around $2 billion.

Return to Table of Contents

Exactech Hip, Knee, and Ankle Implants

A recall of faulty medical implants led to a potential cost of over $350 million.

These are just a few examples of the most expensive product recalls of 2022.

While these recalls have had significant financial consequences for the companies involved, they also serve as a reminder of the importance of product safety and quality control. As consumers, we must remain vigilant and informed about the products we purchase and use to ensure our safety and well-being.

If you ever find yourself or someone you care about injured by a defective product make sure to seek legal representation. Schiffman Firm can help with free consultations and guidance on what to do next.

Return to Table of Contents

When Bad Products Hurt Good People - Your Case Is Our Cause

Which Law Firm Handles Product Liability and Defective Product Personal Injury Claims?

With over 100 years of collective legal and trial experience, the team at Schiffman Firm has been a leader in providing trusted legal representation to injured victims and other types of clients in Pittsburgh, Pennsylvania.

With a focus in product liability cases caused by dangerous and defective consumer and commercial products, our attorneys bring vast amounts of experience and expertise to victims and families that have suffered an injury caused by defective products like, but not limited to:

    defective airbag icon

    Automobiles and Airbags

    crossbow logo

    Firearms, Bows, and Hunting Equipment

    saw logo

    Power Tools, Machinery, and Snow Blowers

    infant logo

    Infant Inclined Sleepers, Beds, and Rockers

    Our team of lawyers can also handle a wide variety of other personal injury cases and legal matters including car accidents and automobile collisions, injured children, and estate litigation.
    All Legal Services Offered
    Schiffman Team - From Left to Right - Daniel Schiffman, Roni Schiffman, Carl Schiffman, Benjamin Wilt, and Jason Schiffman

    Start Your Free Consultation