As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
500-HOUR INSPECTION PERFORMED ON BOTH MAGNETOS REMOVED FROM. FOUND AXLE CRIMPED WASHER LOOSE ON SHAFT AND WORN TO THE POINT OF FALLING OFF GEAR. THIS IS THE SECOND TIME THIS CONDITION HAS BEEN FOUND ON MAGNETOS USING THIS GEAR. TTS NEW 500 AND 580.