A group of former and current Peloton employees from California is suing the company, alleging numerous California Labor Code violations.
Company News
Peloton Replacing Chief Accounting Officer with Saqib Baig
Peloton’s Chief Accounting Officer Allen J. Klingsick will depart on November 15, and will be replaced by Saqib Baig as Peloton’s new CAO.
Peloton & Echelon announce settlement of all ongoing lawsuits
Peloton & Echelon announced this morning they have agreed to settle all pending lawsuits between them. As a result, Echelon will no longer use “Peloton’s patented leaderboard technology in on-demand classes”
Soul Assassins (DJ Muggs of Cypress Hill) Files To Dismiss Music Lawsuit Against Peloton
The lawsuit filed by music publishing company Soul Assassins (DJ Muggs of Cypress Hill) against Peloton has been dropped.
Peloton releases Q1 2023 FY earnings, stock price fall
Peloton released their Q1 2023 FY earnings data this morning, and the stock price is lower in pre-market trading.
Peloton products now available at DICK’S Sporting Goods stores & online – get $100 gift card with purchase of Peloton Bike
The Peloton x DICK’S Sporting Goods partnership is now live, and you can buy Peloton products in select DSG stores and through their website.
Peloton Granted Until December 3 to Reply to Daniel McKenna’s Lawsuit
Peloton was granted an extension and will have until December 3, 2022 to reply to former instructor Daniel McKenna’s lawsuit.
Peloton Announces Date of Annual Shareholder Meeting: December 6, 2022
Peloton has announced that their annual shareholder meeting will take place on December 6, 2022.
Peloton States They Will No Longer Play Music by Kanye West In Any New Classes
Peloton has provided a statement regarding the use of Kanye West’s music on their platform – indicating no new classes will feature his music.
Peloton Q1 2023 Earnings Call Date Announced for November 3rd 2022
Peloton has announced that their Q1 2023 Earnings Call will take place on November 3rd at 8:30 a.m. ET.
First public statement from Daniel McKenna following lawsuit over his termination from Peloton
Daniel McKenna has made his first public statement following his departure and lawsuit against Peloton – thanking his followers for their support.
Shari Eaton, Peloton’s Chief People Officer, is Leaving the Company
Peloton’s Chief People Officer Shari Eaton has shared that she is leaving the company after more than 3 years.
