Peloton to pay $19M penalty over treadmill defects ...Middle East

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Peloton to pay $19M penalty over treadmill defects
Peloton reached a settlement with the U.S. Consumer Product Safety Commission Thursday over its defective treadmills that caused injuries and the company's failure to report the concerns to the commission. Peloton recalled all of its treadmills in 2021 after the death of a child and dozens of other injuries occurred while using the product. In the commission's press release published Thursday, it announced that Peloton agreed to pay a $19 million civil penalty because the company "knowingly failed" to report that its Tread+ treadmill had a "substantial" hazard that could serious injury to the consumer. Peloton received reports of injuries connection with its Tread+ treadmill beginni

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