Peleton Interactive Inc News Today

Where an emergency motion has been filed to take the depositions of eight putative or absent class members, that motion should be denied on relevance grounds.

Yogawear giant spent US$500m to buy the home fitness workout technology in 2020

Yogawear giant spent US$500m to buy the home fitness workout technology in 2020

Peleton is set to cut 800 jobs, hike prices of products and shut its stores in a sweeping overhaul.

Throughout the week, Ohio Governor Mike DeWine and Lt. Governor Jon Husted provided updates on Ohios response to the COVID-19 pandemic, as well as other state initiatives. This week, Governor DeWine wrote an opinion piece for New York Times titled: Dont Roll Your Eyes at Ohios Vaccine Lottery. On Monday, Governor DeWine and Lt. Governor Husted announced the approval of assistance for nine projects set to create 3,214 new jobs and retain 4,520 jobs statewide. During its monthly meeting, the Ohio...

By Memorandum Opinion entered by the Honorable Richard G. Andrews in Peleton Interactive, Inc. v. ICON Health & Fitness, Inc., Civil Action No. 20-662-RGA (D.Del. May 28, 2021), the Court granted in part and denied in part Peleton’s Partial Motion to Dismiss ICON’s First Amended Counterclaims.  In doing so, among other things, the Court concluded that Peleton’s statements describing itself in its advertisements as an “innovator” and “hardcore technology company” are non-actionab...