Peloton is being sued in New York State court over the lack of closed captioning in their classes. The case is seeking class action status, an order forcing Peloton to add closed captions, and damages.
Company News
Peloton joining Nasdaq-100 Index
Peloton will be added to the Nasdaq-100 index for next year, as they are now one of the 100 largest non-financial companies listed on The Nasdaq Stock Market.
Peloton expanding their Plano, Texas support center & regional campus
Peloton is expanding their customer support operation in Plano, Texas by signing a new lease and taking over nearly 100,000 feet of new office space.
Lawsuit filed against Peloton by employee over pay frequency and religious discrimination (Sorin v. Peloton Interactive)
A former employee has filed a lawsuit against Peloton, alleging violations of New York State labor laws over pay frequency, as well as religious discrimination.
Report: Peloton acquires intellectual property, technology & employees from PeerFit – Corporate Wellness Platform
Peloton has reportedly acquired some technology, intellectual property, and employees from PeerFit, a digital fitness benefits startup.
Legal battle continues between Peloton & NordicTrack / ICON – Peloton alleges Trade Secrets Stolen
Peloton has filed a new lawsuit against ICON Health & Fitness (maker of NordicTrack Treadmills), alleging they tried to steal trade secrets.
Peloton Q1 2021 Earnings Call Summary & Insights
Summary of some of the profits, data, and facts that came from the Peloton Q1 2021 earnings call and investor shareholder letter.
Peloton suing US Government over tariffs made as part of “Trade War”
Peloton has filed suit against the US Government, requesting that nearly $4 million worth of tariffs they have paid be refunded, and they be exempt from future tariffs.
Peloton Q1 2021 Earnings Call Date Announced
Peloton has announced their Q1 2021 earnings call will take place on Thursday, November 5th, 2020 @ 5:00pm ET.
Peloton in legal / trademark dispute with beverage company Peloton Cold Brew, LLC
Peloton has filed a notice with the USPTO requesting a trademark be cancelled that was previously granted to Peloton Cold Brew, LLC, a tea and coffee company.
NordicTrack files lawsuit against Peloton for patent infringement on Bike+
Icon Health & Fitness, the parent company of NordicTrack, has filed a lawsuit against Peloton for patent infringement over the Bike+ swivel screen and auto-follow.
Peloton is a finalist for Association for Financial Professional award – and an interview with Peloton’s Treasurer, Dana Laidhold
Peloton is one of three finalists this year for the 2020 AFP Pinnacle Grand Prize Winner, awarded by the Association for Financial Professionals.