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Violation Tracker Individual Record

Company: Peloton Interactive Inc.
Current Parent CompanyPeloton Interactive
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $19,065,000
Year: 2023
Date: January 5, 2023
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: Peloton Interactive Inc. agreed to pay a $19,065,000civil penalty to resolve CPSC's charges that it knowingly failed to immediately report to CPSC, as required by law, that its Tread+ treadmill contained a defect that could create a substantial product hazard and created an unreasonable risk of serious injury to consumers. The civil penalty also settled charges that Peloton knowingly distributed recalled treadmills in violation of the Consumer Product Safety Act.
Level of Government: federal
Action Type: agency action
Agency: Consumer Product Safety Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: interactive fitness platform
Source of Data(click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.