Peloton to Pay $19 Million Fine Over Treadmill Recall

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Peloton to Pay $19 Million Fine Over Treadmill Recall
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Peloton has agreed to pay a $19.1 million civil penalty tied to the company’s handling of a treadmill recall last year

Peloton Interactive Inc. has agreed to pay a $19.1 million civil penalty tied to the company’s handling of

The exercise-equipment maker reached a settlement with the Consumer Product Safety Commission after the watchdog accused the company of failing to immediately report that its Tread+ machines contained a defect that could cause serious injury.

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