RM LAW Announces Class Action Lawsuit Against Peloton Interactive, Inc.
Retrieved on:
Monday, May 10, 2021
announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Peloton Interactive, Inc. ("Peloton" or the "Company") (NASDAQ: PTON) securities during the period from September 11, 2020 through April 16, 2021, inclusive (the "Class Period").\nPeloton shareholders may, no later than June 28, 2021, move the Court for appointment as a lead plaintiff of the Class.
Key Points:
- announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Peloton Interactive, Inc. ("Peloton" or the "Company") (NASDAQ: PTON) securities during the period from September 11, 2020 through April 16, 2021, inclusive (the "Class Period").\nPeloton shareholders may, no later than June 28, 2021, move the Court for appointment as a lead plaintiff of the Class.
- A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.
- In order to be appointed lead plaintiff, the Court must determine that the class member\'s claim is typical of the claims of other class members, and that the class member will adequately represent the class.
- For more information about class action cases in general or to learn more about RM LAW, P.C.