regulatory
confidence high
sentiment negative
materiality 0.65
Clarus and Black Diamond receive grand jury subpoenas from U.S. Attorney over avalanche transmitters
Clarus Corp
- Clarus and subsidiary Black Diamond Equipment received grand jury subpoenas in January 2025 from the U.S. Attorney’s Office for the District of Utah.
- Subpoenas relate to certain avalanche transmitters distributed by Black Diamond Equipment.
- Investigation stems from the previously reported U.S. Consumer Products Safety Commission probe under the Consumer Product Safety Act.
- Company states it intends to cooperate with the investigation.