Preview - Please log in to view full article.

Article Date: October 2024
Word Count: 135

Peloton Class Action Dismissed


An SDNY federal court judge has dismissed with prejudice the City of Hialeah Employees Retirement Fund’s class action suit that claimed PTON misled investors by insisting that its business was healthy despite slowing consumer demand and rising inventory levels. The court agreed with the connected fitness maker that it provided appropriate guidance both when sales ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.