The company confirmed Thursday in a filing with the U.S. Securities and Exchange Commission that it is facing scrutiny from multiple government agencies. ABC News reported earlier that the Department of Justice and the Department of Homeland Security issued subpoenas to Peloton,

2024/06/2605:19:32 hotcomm 1818

Peloton's treadmill, known as the Tread Plus, will return to the market next week after it was recalled in May for safety reasons. The company confirmed Thursday in a filing with the U.S. Securities and Exchange Commission that it is facing scrutiny from multiple government agencies.

The company confirmed Thursday in a filing with the U.S. Securities and Exchange Commission that it is facing scrutiny from multiple government agencies. ABC News reported earlier that the Department of Justice and the Department of Homeland Security issued subpoenas to Peloton,  - DayDayNews

According to an earlier report by ABC News, the Department of Justice and the Department of Homeland Security issued a subpoena to Peloton, requesting injury data related to its products. The U.S. Securities and Exchange Commission also investigated the company's public disclosures.

Peloton said it could not comment on the ongoing investigation process.

html On May 5, the U.S. Consumer Product Safety Commission announced a recall of the Tread Plus treadmill. The commission cited more than 70 injuries to adults, children and pets, including the death of a 6-year-old child. According to the CPSC report, some injuries come from a pedal behind the treadmill body, which can pull people and pets underneath the equipment. At the time of the recall, approximately 125,000 treadmills of this model had been sold.

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