PTON sees a So. NY federal court judge dismiss a shareholder class action suit that accused it of intentionally misleading investors who lost money in the company’s post-pandemic share price crash. The suit was a consolidation of several shareholder actions filed against the connected fitness company and its former management. Plaintiffs alleged PTON misled investors about deteriorating demand for home fitness equipment and rising inventory levels, and that some executives sold shares at inflated prices based ... Log in to view full article.