Exercise equipment maker Peloton Interactive has agreed to pay roughly $19 million in fines related to its delay in reporting its treadmill defect.
Tag: Peloton
Peloton, Lululemon Settle Patent Infringement Lawsuit Over Women’s Apparel Line
Peloton Interactive Inc has settled a lawsuit in which Lululemon Athletica Inc accused the exercise bike manufacturer of infringing on its patents by developing a line of women’s apparel. Peloton has agreed to phase out “certain designs” that Lululemon had objected to in a lawsuit without admitting wrongdoing, the companies said in a joint statement… Continue reading Peloton, Lululemon Settle Patent Infringement Lawsuit Over Women’s Apparel Line