Legal & Institutional

Peloton Interactive agrees to pay $19 million fine

By 2023-01-06T07:54:00

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Peloton Interactive has agreed to pay a $19 million civil penalty levied by the U.S. Consumer Product Safety Commission (CPSC) for failing to report a defect with its Tread+ treadmill promptly. Besides the fine, the company’s settlement with the government agency requires it to file annual reports on the compliance ...

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