Will Peloton Face Lawsuits Over Treadmills It Recalled in an Abrupt About-Face?
After dozens of injury reports, including one death, Peloton CEO John Foley, to the surprise of many lawyers, denied there were safety problems with the company’s treadmills then, last, week, abruptly changed course and recalled 125,000 of the Tread+ products. His actions, although unusual and delayed, may have stopped potential lawsuits in their tracks, lawyers said.
In the wake of reports of dozens of injuries, including the death of a 6-year-old, to users of its treadmills, Peloton—to the surprise of many lawyers—initially denied there were safety problems.
Then a recall announced on May 5 by the New York-based exercise equipment company may have stopped potential lawsuits in their tracks.
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