The U.S. Consumer Product Safety Commission announced today that Ross Stores Inc., of Pleasanton, Calif. has agreed to pay a civil penalty of $500,000. The penalty settlement, which has been provisionally accepted by the Commission, resolves CPSC staff allegations that Ross knowingly failed to report to CPSC immediately, as required by federal law, that children's hooded sweatshirts it sold had drawstrings at the neck.
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