Clarus 10k has some interesting (comparatively speaking) details about the company. BD receives many mentions, yet Pieps almost none. Pieps is one single subsidiary, whereas BD is about a dozen...

Ahem, only the plaintiffs and the lawyers get money? Let's not overlook the expert witnesses too!
Seriously though, the argument would probably be exposure to risk. In other words, if you had been...

My interpretation of that is should your Pieps beacon exhibit this problem, then stop using it immediately (for which "retire" does seem to be a bad word choice), then BD will repair or replace it...

FIFY:
"I am pretty sure i read that [all companies] fight all lawsuits."
Seriously though, the % of civil litigation that proceeds all the way to trial is negligible.
So fighting a lawsuit vs...