Pelotón

Investor Alert: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against Peloton Interactive, Inc. (PTON) – Expanded Class Period

Retrieved on: 
Saturday, May 8, 2021
Pelotón, Topaz

Peloton also advised customers who have the products to immediately stop using them and contact Peloton for a full refund.

Key Points: 
  • Peloton also advised customers who have the products to immediately stop using them and contact Peloton for a full refund.
  • A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.
  • For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com .\nKessler Topaz Meltzer & Check, LLP\n'

Peloton Interactive, Inc. Reports Third Quarter Fiscal 2021 Financial Results

Retrieved on: 
Thursday, May 6, 2021
Pelotón, Computing, Technology, Chromecast, Android TV, E-commerce, Apple TV

The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere.

Key Points: 
  • The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its Members anytime, anywhere.
  • Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its Members to be the best versions of themselves.
  • The brand's immersive content is accessible through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Tread+, and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV.
  • Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada and Germany.

CPSC and Peloton Announce: Recall of Tread+ Treadmills After One Child Death and 70 Incidents; Recall of Tread Treadmills Due to Risk of Injury

Retrieved on: 
Wednesday, May 5, 2021
Bethesda, Maryland, U.S. Consumer Product Safety Commission, CPSC, Pelotón

The agreement between CPSC and Peloton is the result of weeks of intense negotiation and effort, culminating in a cooperative agreement that I believe serves the best interests of Peloton and of consumers.

Key Points: 
  • The agreement between CPSC and Peloton is the result of weeks of intense negotiation and effort, culminating in a cooperative agreement that I believe serves the best interests of Peloton and of consumers.
  • I would like to thank the CPSC technical staff who have worked tirelessly to protect consumers and to warn the public.
  • I want to be clear, Peloton made a mistake in our initial response to the Consumer Product Safety Commission\'s request that we recall the Tread+.
  • Today\'s announcement reflects our recognition that, by working closely with the CPSC, we can increase safety awareness for our Members.

Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Peloton Interactive, Inc. (PTON) and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, May 4, 2021
Pelotón, XC2

b'NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Peloton Interactive, Inc. ("Peloton" or the "Company")\xc2\xa0(NASDAQ: PTON).

Key Points: 
  • b'NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Peloton Interactive, Inc. ("Peloton" or the "Company")\xc2\xa0(NASDAQ: PTON).
  • Investors who purchased Peloton securities are encouraged to obtain additional information and assist the investigation by visiting the firm\xe2\x80\x99s site: www.bgandg.com/pton .\nThe investigation concerns whether Peloton and certain of its officers and/or directors have violated federal securities laws.\nOn\xc2\xa0April 17, 2021, the U.S. Consumer Product Safety Commission (\xe2\x80\x9cCPSC\xe2\x80\x9d) issued an announcement, \xe2\x80\x9cCPSC Warns Consumers: Stop Using the Peloton Tread+\xe2\x80\x9d.
  • The announcement stated that the \xe2\x80\x9cUrgent Warning Comes After Agency Finds One Death and Dozens of Incidents of Children Being Sucked Beneath the Tread+ (Formerly Known as the Tread)\xe2\x80\x9d.
  • Prior results do not guarantee similar outcomes.\n'

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline for Securities Fraud Class Action Lawsuit Filed Against Peloton Interactive, Inc.

Retrieved on: 
Sunday, May 2, 2021
Legal, Professional services, Fictional characters, Pelotón, Topaz, Topaz

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • Peloton also provides connected fitness subscriptions and access to all live and on-demand classes.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.
  • For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210502005021/en/\n'

SHAREHOLDER ALERT: Robbins LLP Announces That Peloton Interactive, Inc. (PTON) is Being Sued for Misleading Shareholders

Retrieved on: 
Friday, April 30, 2021
Legal, Professional services, Pelotón, Recall, Companies

In commenting on the recall, a Peloton spokesperson stated, "There is no greater priority than the safety and well-being of Peloton Members.

Key Points: 
  • In commenting on the recall, a Peloton spokesperson stated, "There is no greater priority than the safety and well-being of Peloton Members.
  • "\nOn March 18, 2021, Peloton revealed a tragic situation involving the death of a child from a Tread+.
  • The following day, Peloton announced that on its website that it had no intention to stop selling or to recall the Tread+.
  • Shareholders pay no fees or expenses.\nRobbins LLP is a nationally recognized leader in shareholder rights law.

Playgarden Prep's COVID-19 Pivot Establishes Access to their New York Private Pre-School Education in Every City and Town in North America

Retrieved on: 
Thursday, April 29, 2021
Articles, Educational technology, Preschool, Education, Pelotón, Early childhood education

"It became obvious to us that in places where there isn\'t as many choices available, the demand for a top-quality New York private preschool experience is strong.

Key Points: 
  • "It became obvious to us that in places where there isn\'t as many choices available, the demand for a top-quality New York private preschool experience is strong.
  • Just a few months into rolling out our interactive virtual learning platform, we see our potential as far beyond offering in-classroom early education.
  • We now have our sights set on being North America\'s leading provider of the highest quality early educational curriculum available \'the peloton of early education\'.
  • "\nFor over 13 years, Playgarden Prep has successfully developed innovative programs tailored to the educational stages that young children experience.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Peloton Interactive, Inc. and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Tuesday, April 20, 2021
Legal, Professional services, Pelotón, U.S. Consumer Product Safety Commission

b"The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Peloton Interactive, Inc. (\xe2\x80\x9cPeloton\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NASDAQ: PTON ) for violations of the securities laws.\nThe investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • b"The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Peloton Interactive, Inc. (\xe2\x80\x9cPeloton\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NASDAQ: PTON ) for violations of the securities laws.\nThe investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • Peloton is the subject of a press release issued by the U.S. Consumer Product Safety Commission (\xe2\x80\x9cCPSC\xe2\x80\x9d) on April 17, 2021, titled: \xe2\x80\x9cCPSC Warns Consumers: Stop Using the Peloton Tread+.\xe2\x80\x9d According to the release, the CPSC\xe2\x80\x99s \xe2\x80\x9cUrgent Warning Comes After Agency Finds One Death and Dozens of Incidents of Children Being Sucked Beneath the Tread+ (Formerly Known as the Tread).\xe2\x80\x9d The agency added, \xe2\x80\x9cthe urgent warning comes less than a month after Peloton itself released news of a child\xe2\x80\x99s death by a Peloton Tread+ and CPSC\xe2\x80\x99s announcement of an investigation into that incident,\xe2\x80\x9d and \xe2\x80\x9cto date, CPSC is aware of 39 incidents including one death.\xe2\x80\x9d Based on this news, shares of Peloton fell sharply across the next several trading sessions.\nIf you are a shareholder who suffered a loss, click here to participate .\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • You can also reach us through the firm's website at www.schallfirm.com , or by email at [email protected] .\nThe class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney.
  • If you choose to take no action, you can remain an absent class member.\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210420005342/en/\n"

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Peloton Interactive, Inc. and Encourages Investors with Losses to Contact the Firm

Retrieved on: 
Monday, April 19, 2021
Legal, Professional services, Pelotón, U.S. Consumer Product Safety Commission

b"The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Peloton Interactive, Inc. (\xe2\x80\x9cPeloton\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NASDAQ: PTON ) for violations of the securities laws.\nThe investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Key Points: 
  • b"The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Peloton Interactive, Inc. (\xe2\x80\x9cPeloton\xe2\x80\x9d or \xe2\x80\x9cthe Company\xe2\x80\x9d) (NASDAQ: PTON ) for violations of the securities laws.\nThe investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
  • Peloton is the subject of a press release issued by the U.S. Consumer Product Safety Commission (\xe2\x80\x9cCPSC\xe2\x80\x9d) on April 17, 2021, titled: \xe2\x80\x9cCPSC Warns Consumers: Stop Using the Peloton Tread+.\xe2\x80\x9d According to the release, the CPSC\xe2\x80\x99s \xe2\x80\x9cUrgent Warning Comes After Agency Finds One Death and Dozens of Incidents of Children Being Sucked Beneath the Tread+ (Formerly Known as the Tread).\xe2\x80\x9d The agency added, \xe2\x80\x9cthe urgent warning comes less than a month after Peloton itself released news of a child\xe2\x80\x99s death by a Peloton Tread+ and CPSC\xe2\x80\x99s announcement of an investigation into that incident,\xe2\x80\x9d and \xe2\x80\x9cto date, CPSC is aware of 39 incidents including one death.\xe2\x80\x9d Based on this news, shares of Peloton fell sharply across the next several trading sessions.\nIf you are a shareholder who suffered a loss, click here to participate .\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge.
  • You can also reach us through the firm's website at www.schallfirm.com , or by email at [email protected] .\nThe class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney.
  • If you choose to take no action, you can remain an absent class member.\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210419005927/en/\n"

Peloton Refutes Consumer Product Safety Commission Claims

Retrieved on: 
Saturday, April 17, 2021
Bethesda, Maryland, U.S. Consumer Product Safety Commission, Pelotón, CPSC

The company is troubled by the Consumer Product Safety Commission's (CPSC) unilateral press release about the Peloton Tread+ because it is inaccurate and misleading.

Key Points: 
  • The company is troubled by the Consumer Product Safety Commission's (CPSC) unilateral press release about the Peloton Tread+ because it is inaccurate and misleading.
  • There is no reason to stop using the Tread+, as long as all warnings and safety instructions are followed.
  • While preparing its report to CPSC, Peloton learned through a doctor's report to CPSC's public database that a child had experienced a brain injury.
  • In particular, Peloton instructs Members to remove the Safety Key when the Tread+ is not in use, precisely to avoid the kind of incident that this video depicts.