It's definitely possible that the zip tie wasn't installed securely. I did give it several good hard tugs and it wouldn't budge though, so it seemed solid enough when testing by hand. The double zip tie on the corrugated hose idea makes a lot of sense.
I think the idea that you both separately suggested that the pull dump valve is glitching probably makes the most sense.
Based on the advice above and previous advice from
tursiops and
rongoodman
I have ordered a new complete inflator assembly/shoulder fitting from Cressi. It's interesting that they seem to have redesigned it in the last 2 years as the new one includes an overpressure valve in the fitting as well. It's worth $110 to me for the peace of mind of not having to wonder if/when this issue will come up again.
It's a little frustrating that neither Cressi or the LDS seemed to treat this like a serious issue (or offered to cover it under warranty)
Thanks to everyone for your input and advice!
Ross