Federal regulators probe Peloton's handling of treadmill injuries that led to recall

Peloton has received subpoenas from the federal government over its reporting of injuries for its treadmill products, which were linked to the death of one child and dozens of other injuries before the company yanked them from the market. 

Peloton revealed in a filing Friday that both the U.S. Department of Justice and Department of Homeland Security are demanding documents on how Peloton reported the incidents, which were tied to its $4,300 Tread+ product. The U.S. Securities and Exchange Commission is also investigating the company’s public disclosures, according to Peloton’s filing. 

Peloton—which is headquartered on Manhattan’s West Side— recalled about 125,000 treadmills, both its Tread and Tread+,

→ Continue reading at Crain's New York Business

[ufc-fb-comments url="http://www.newyorkmetropolitan.com/news/federal-regulators-probe-pelotons-handling-of-treadmill-injuries-that-led-to-recall"]

Latest Articles

Related Articles