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Article Date: June 2023
Word Count: 144

Peloton Hit with New Class Action over Recalls


Peloton and three of its executives were hit with a proposed class action suit filed in E. NY district court by Sam Solomon on behalf of shareholders, accusing the connected fitness company of intentionally misleading investors over last month’s seat post recall. According to the suit, PTON failed to disclose that the seats were prone to break or otherwise detach during use, resulting ... Log in to view full article.

 


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