Peloton

SAN FRANCISCO, May 31, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Peloton Interactive, Inc. (NASDAQ: PTON) investors with significant losses to submit your losses now.   

Many of the 4.4 million Peloton subscribers don't want to miss their exercise routines when traveling. Author and blogger Leah Ingram is helping travelers identify vacation spots with Peloton bikes.

RADNOR, Pa., May 28, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Eastern District of New York against Peloton Interactive, Inc. (NASDAQ: PTON) (“Peloton”) on behalf of those who purchased or acquired Peloton securities between September 11, 2020 and May 5, 2021, inclusive (the “Class Period”).

NEW YORK, May 27, 2021 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Peloton Interactive, Inc. (NASDAQ: PTON) between September 11, 2020 and May 5, 2021, inclusive (the “Class Period”), of the important June 28, 2021 lead plaintiff deadline in the securities class action commenced by the firm.

Summary List PlacementPeloton recalled around 130,000 of its pricey treadmills earlier this month — but evidence is mounting that, despite safety warnings, many customers have no plans to return the machines. It issued the recall earlier this month after facing pressure from the US Consumer Product Safety Commission (CPSC) to do so. This followed reports that a child died, and several others were injured, while using the treadmills. Peloton said it expected the voluntary recall of both its $4,295 Tread+ and $2,495 Tread running machines to be a $165 million hit to its future revenue. In a recent survey of 100 Peloton Tread+ and Tread users published Wednesday, conducted by Wedbush analysts, just 4% said they planned to return the machine, while 8% were undecided. In recent conversations with Insider, other said they planned to keep the machine. "I am NOT returning it. I love it, and even with an eight-year-old daughter and a dog in my two-bedroom apartment, it's not going anywhere," Tread+ owner Peter Shankman wrote in an email to Insider earlier this month. Read more: Peloton just recalled its treadmill, but customers reported injuries and safety concerns as early as January 2019 Shankman said that the safety instructions were sufficient and that it was up to users to keep their kids or pets away from the machine.  Some users may want to avoid returning the bulky equipment, or leave it sitting unused, taking up space in their home. A spokesperson for Peloton did not respond to Insider's request for more details on how exactly the returns process works, and how long customers would have to wait for these machines to be collected from their homes. Others may be comfortable keeping the machine after Peloton added a new password lock feature that it said would improve safety.Join the conversation about this story » NOW WATCH: Why kolinsky sable paintbrushes are so expensive

NEW YORK, May 26, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Peloton Interactive, Inc. (NASDAQ: PTON) and ChemoCentryx, Inc. (NASDAQ: CCXI). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.