Peloton under investigation by the SEC and Department of Justice

August 28, 2021

Peloton under investigation by the SEC and Department of Justice
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Peloton, the maker of exercise treadmills that have been recalled due to injuries, is the subject of an investigation by the Securities and Exchange Commission. The Department of Justice and the Department of Homeland Security have also subpoenaed documents from the company related to how it reported those injuries, Peloton said in a recent annual financial filing.