Peloton wins dismissal of shareholder lawsuit over post-pandemic outlook
27/08/2026 19:15
Peloton wins dismissal of shareholder lawsuit over post-pandemic outlook NEW YORK, Aug 27 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Peloton PTON.O of defrauding shareholders by concealing excess inventory of its home exercise equipment as the worst of the COVID-19 pandemic passed.
(Reporting by Jonathan Stempel in New York)
((jon.stempel@thomsonreuters.com ; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net /))
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