Legal & Institutional

Peloton executives accused of insider trading by shareholders

2022-12-13T09:09:00

tingey-injury-law-firm-L4YGuSg0fxs-unsplash

A lawsuit filed in Delaware Chancery Court by Krikor Arslanian on behalf of Peloton shareholders accuses 12 current and former Peloton executives, including co-founders John Foley and Hisao Kushi, of insider trading. The executives sold $500 million worth of stock last year despite allegedly knowing about the safety problems with ...

SIGN-IN if you are already a subscriber of SGI Europe - or Register a free account

Gated access promo

Start your 30-day trial for just €9.90

Get access to what the top decision makers are reading in the sporting goods industry:

  • Analysis across Retail, Sustainability, Technology, Corporate and M&A, Financial Development, Market and Trends, Legal & Regulation, Trade & Sourcing and more
  • Essential E-mail Briefings with the latest analysis and most important industry developments
  • Find inspiration to drive your business forward with our case studies and best practices on business opportunities
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

Start your 30-day Trial TODAY!

For team or company-wide subscriptions and enquiries see our corporate membership page.