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Tags: peloton | treadmill | subpoena | doj | dhs | injuries

DOJ, DHS Subpoena Peloton Over Injuries

woman walks on treadmill
(Ethan Miller/Getty Images)

Friday, 27 August 2021 07:19 AM

Peloton Interactive Inc said on Friday the U.S. Department of Justice and the Department of Homeland Security had subpoenaed the company for documents and information related to injuries associated with its exercise machines.

The company in May decided to recall its treadmills, after multiple reports of injuries and death of a child in an accident.

Peloton said the U.S. securities regulator was also investigating the company's public disclosures related to the injuries, adding that it had been named in several lawsuits associated with the recalls.

The company's shares fell nearly 10% to $102.83 before the bell.

© 2021 Thomson/Reuters. All rights reserved.


StreetTalk
Peloton Interactive Inc said on Friday the U.S. Department of Justice and the Department of Homeland Security had subpoenaed the company for documents and information related to injuries associated...
peloton, treadmill, subpoena, doj, dhs, injuries
96
2021-19-27
Friday, 27 August 2021 07:19 AM
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