Bman505
02-25-2009, 09:38 AM
Smith & Wesson recalls guns that could misfire
Associated Press, 02.24.09, 06:37 PM EST
Smith & Wesson Corp. is recalling certain pistols that could fire without the trigger being pulled.
The gun maker said it was recalling all Walther PPK and PPK/S pistols that it manufactured from March 21, 2002, until Feb. 3, 2009.
Smith & Wesson posted a recall notice Friday on its Web site and offered additional details in a Securities and Exchange Commission filing Tuesday.
Customers with the affected pistols can send them back to the company, and have them returned with a new part, at no cost, the company said.
Smith & Wesson said it had established a financial reserve to cover recall costs it will book in its fiscal third quarter that ended Jan. 31. The company estimates the costs will trim $900,000 to $1.3 million from its quarterly profit.
Please read the full story here at Forbes.com (http://www.forbes.com/feeds/ap/2009/02/24/ap6091197.html)
Associated Press, 02.24.09, 06:37 PM EST
Smith & Wesson Corp. is recalling certain pistols that could fire without the trigger being pulled.
The gun maker said it was recalling all Walther PPK and PPK/S pistols that it manufactured from March 21, 2002, until Feb. 3, 2009.
Smith & Wesson posted a recall notice Friday on its Web site and offered additional details in a Securities and Exchange Commission filing Tuesday.
Customers with the affected pistols can send them back to the company, and have them returned with a new part, at no cost, the company said.
Smith & Wesson said it had established a financial reserve to cover recall costs it will book in its fiscal third quarter that ended Jan. 31. The company estimates the costs will trim $900,000 to $1.3 million from its quarterly profit.
Please read the full story here at Forbes.com (http://www.forbes.com/feeds/ap/2009/02/24/ap6091197.html)