Peloton Settles with CPSC for $19 Million
The connected fitness company has agreed to pay a $19,065,000 civil penalty for failing to immediately report the safety defect in its Tread+ treadmill to the CPSC, and for distributing recalled treadmills. In 2018 and 2019, PTON received a number of reports of children, pets and objects being pulled under the rear of its treadmills, in some cases causing injuries and ... Log in to view full article.