Peloton Tread+ Recall
Peloton Hit With New Class Action, This Time Over Bike Recall
The proposed class action stems from Peloton recalling 2.2 million of its connected fitness bikes due to an issue with the seat post.
Peloton to Pay Up: Connected Fitness Co. Hit with $19M Fine Over Tread+ Safety Issues
Peloton will pay a $19 million fine because it failed to immediately report safety hazard with Tread+ & distributed recalled treadmills.
Peloton Still Haunted by Tread+, Execs Accused of Insider Trading in Lawsuit
The insider trading lawsuit alleges that Tread's ongoing safety issues were well known to Peloton executives.
Peloton Extends Recalled Tread+ Refund Period by Another Year
Peloton consumers have until November 6, 2023, to request a refund on the company's recalled Tread+ or move it to another room in the house.
Peloton Tread+ Recall Refusal Causes Stocks to Fall
Peloton Tread+ recall refusal caused the stock prices to drop to $105 on Monday after a healthy $116 at the close on Friday.