Peloton Interactive has agreed to pay a $19 million fine for failing to promptly notify regulators of a known defect in its Tread+ exercise machines that could cause serious injury, according to the U.S. Consumer Product Safety Commission.
The U.S. Consumer Product Safety Commission says Peloton will pay a $19 million civil penalty after the fitness company neglected to inform the regulator about known safety incidents with its popular Tread+ exercise machine, seen above.The U.S. Consumer Product Safety Commission says Peloton will pay a $19 million civil penalty after the fitness company neglected to inform the regulator about known safety incidents with its popular Tread+ exercise machine, seen above.
The civil penalty also settles charges that the company knowingly distributed the recalled treadmills, the federal agency
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