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City of Hialeah Employees Retirement System v. Peloton Interactive, Inc. et al

  1. October 16, 2025

    Peloton Moves To Toss Investors' Revived COVID-19 Suit

    Peloton has once again moved to dismiss a proposed class action lawsuit revived by the Second Circuit last month, saying that investors couldn't prove executives intentionally misled them into believing that a spike in demand during the first year of the COVID-19 pandemic was sustainable.

  2. August 27, 2025

    2nd Circ. Partially Revives Suit Over Peloton COVID-19 Sales

    A split Second Circuit panel Wednesday revived a shareholder suit accusing Peloton of intentionally misleading investors to believe that its pandemic-era spike in demand was sustainable, finding that three statements at issue in the complaint are actionable.

  3. October 01, 2024

    Peloton Beats Investor Suit Over COVID-19 Sales For Good

    Peloton has won the permanent dismissal of a shareholder suit accusing it of intentionally misleading investors to believe that its COVID-19 spike in demand was sustainable, with a New York federal judge saying the investors have not "articulated sufficient factual allegations to carry their assertions beyond the speculative level."

  4. June 20, 2023

    Peloton Wants Investor Suit Over COVID Sales Axed For Good

    Fitness company Peloton asked a Manhattan federal judge to permanently toss a suit accusing it of intentionally misleading investors to believe that its COVID-19 spike in demand was sustainable, saying that the plaintiffs have ignored that the company actually exceeded projections.

  5. March 30, 2023

    Peloton Investors Spin Out Of Court, For Now

    A Manhattan federal judge Thursday tossed a class action accusing at-home exercise bike company Peloton Interactive Inc. of intentionally misleading investors to believe that the company's COVID-19 spike in demand was sustainable, saying Peloton's statements had "meaningful cautionary language" that warned the investors of the uncertainty of future subscriber growth.

  6. October 04, 2022

    Peloton Investors Say Its Rosy Claims Took Them For A Ride

    Investors in at-home exercise bike company Peloton Interactive Inc. implored a New York federal judge Tuesday not to throw out their class action claiming the company intentionally misled investors.

  7. August 23, 2022

    Peloton Says It Told Investors Exactly What To Expect

    Peloton has asked a New York federal judge to throw out a class action that accuses the company of intentionally misleading investors, saying it told investors exactly what to expect each quarter and adjusted both expectations and guidance when demand for its product showed signs of slowing.

  8. May 06, 2022

    Grant & Eisenhofer To Lead Peloton Investors' Class Action

    Grant & Eisenhofer has been selected to lead a proposed class of Peloton Interactive Inc. investors who claim the fitness equipment company deceived them about the success of the business after an explosion in popularity during the pandemic.

  9. January 19, 2022

    8 Firms Jockey For Lead In Investors' Suit Against Peloton

    Eight law firms have submitted bids to a New York federal judge to lead a proposed class of Peloton Interactive Inc. investors who claim the fitness-equipment company made false assurances about the company's success in relation to the COVID-19 pandemic.