As reported to the FAA. Reports are unverified, and codes are left as the FAA publishes them.
What was found
ORDERED AN OVERHAULED REPLACEMENT ALTIMETER . DURING INCOMING INSPECTION OF THE ALTIMETER, IT WAS NOTED THE DISPLAYED ALTITUDE WAS NOT EVEN CLOSE TO OUR AIRPORT ALTITUDE. INCOMING INSPECTOR ATTEMPTED TO ADJUST THE ALTIMETER WITH THE BARO KNOB WITH NO CHANGE TO THE DISPLAYED ALTITUDE. OUT OF BOX FAILURE OF AN OVERHAULED PART.