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Solomon v. Peloton Interactive, Inc. et al

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Case Number:

1:23-cv-04279

Court:

New York Eastern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Margo K. Brodie

Firms

Companies

Sectors & Industries:

  1. July 28, 2025

    Peloton Looks To Snuff Out Investors' Recall Suit Again

    Peloton hopes to extinguish a second attempt by investors at finding the company and its executives at fault for the way the company handled a recall of its defective bicycle seats, telling a New York federal judge Monday that the amended complaint does not cure deficiencies that led to the lawsuit's initial dismissal.

  2. February 14, 2025

    Judge Slams The Brakes On Peloton Bike Recall Claims

    A New York federal judge threw out, for now, a proposed investor action alleging Peloton overstated the safety of its bikes before 2.2 million products were recalled over a bike seat defect, ruling that the shareholders haven't adequately alleged the exercise company made any misleading statements.

  3. May 17, 2024

    Peloton Says Investors Are 'Manufacturing' Bike Recall Suit

    Fitness equipment company Peloton urged a New York federal judge on Friday to toss a suit alleging it overstated the safety of its bikes before the U.S. Consumer Product Safety Commission recalled roughly 2.2 million Peloton products over a bike seat defect, saying the investors are trying to "manufacture" a case from a voluntary recall.

  4. June 12, 2023

    Peloton Hit With Investor Suit Over Bike Recall

    Fitness company Peloton is facing an investor suit alleging it overstated the safety of its bikes prior to a U.S. Consumer Product Safety Commission recall of roughly 2.2 million Peloton products over a bike seat defect, which purportedly caused the company's stock to decline by nearly 9% in May.