The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton Interactive Inc.’s recalled ‘Tread+’ treadmill. The fitness equipment maker had announced a costly recall of its ‘Tread+’ treadmill in 2021 following the reports of multiple injuries and the death of a child in an accident. Shares of…
Peloton to Pay $19 Million for Not Reporting Deadly Treadmill Safety Hazards, Selling Recalled Products
The exercise equipment company Peloton has agreed to pay a $19,065,000 civil penalty in a settlement for failing to report defective equipment and knowingly selling recalled treadmills. Beginning in December 2018 and continuing through 2019, Peloton began receiving reports of injuries related to its Tread+ treadmill product. The U.S. Consumer Product Safety Commission (CPSC) said…
US Regulators Probe Peloton Over Treadmill Injuries
Peloton Interactive Inc said on Friday U.S. regulators were investigating the company, adding to the exercise bike maker’s woes as it deals with a backlash over reports of accidents involving its treadmills. The U.S. Department of Justice and the Department of Homeland Security have subpoenaed the company for documents and information over injuries from its…
Peloton Recalls Treadmills, Halts Sales, After a Child Dies
NEW YORK—Peloton is recalling about 125,000 of its treadmills less than a month after denying they were dangerous and saying it would not pull them from the market, even though they were linked to the death of a child and injuries of 29 others. The company said Wednesday that it will now offer full refunds…
After Child Dies, US Regulator Warns About Peloton Treadmill
NEW YORK—Safety regulators warned people with children and pets Saturday to immediately stop using a treadmill made by Peloton after one child died and others were injured. The U.S. Consumer Product Safety Commission said children and at least one pet were pulled, pinned and entrapped under the rear roller of the Tread+ treadmill, leading to…
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