The wrongful termination lawsuit Daniel McKenna filed against Peloton in October is being withdrawn and dismissed.
Peloton executives (mostly former) are facing an alleged insider trading lawsuit from an investor regarding the selling of stock around the time of the Tread+ recall in 2021.
A group of former and current Peloton employees from California is suing the company, alleging numerous California Labor Code violations.
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”
The lawsuit filed by music publishing company Soul Assassins (DJ Muggs of Cypress Hill) against Peloton has been dropped.
Peloton was granted an extension and will have until December 3, 2022 to reply to former instructor Daniel McKenna’s lawsuit.
Daniel McKenna has made his first public statement following his departure and lawsuit against Peloton – thanking his followers for their support.
Former Peloton instructor Daniel McKenna has filed a lawsuit against Peloton alleging wrongful termination.
Peloton and lululemon have settled their ongoing lawsuit, with Peloton agreeing to phase out certain Peloton Apparel designs.
A judge dismissed Peloton’s lawsuit against lululemon, meaning that lululemon’s lawsuit against Peloton over five Peloton Apparel products will likely move forward.
Peloton’s 10-K tax form indicates Peloton is expecting a monetary penalty from the CPSC over the Tread+ recall, and that there are still DOJ, DHS, and SEC investigations still ongoing.
Peloton’s tax case was moved to arbitration and Peloton will be delayed in filing their annual 10-K tax form.