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Burning Platforms

Slate Money

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How Much Did Peloton Pay in a Consumer Lawsuit?

19 million dollars. And that's how much a peloton had to pay in a settlement because they failed to alert regulators about safety problems with their peloton treadmills, which killed a six-year-old and injured a bunch of people. Did that number seems weirdly low to you? Well, it seems it would be low, I think, for a consumer lawsuit. But it's actually one of the highest settlements for it's a fine, really, for failing to alert the appropriate regulators about the safety regulations.

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