Peloton’s kicking off 2023 with a $19 million fine.
— in 2021. While the Tread’s issue was a wobbly screen, the more premium Tread Plus caused multiple reports of injuries and, in one instance, the death of a small child. Because of the Tread Plus’ slatted belt and raised deck, it was easier for children, adults, and pets to get pulled under the 455-pound device.
In addition to the penalty, Peloton is now required to maintain an “enhanced compliance program and system of internal controls and procedures” to make sure it doesn’t run afoul of the Consumer Product Safety Act. The company is also required to file annual reports regarding its compliance efforts for the next five years.for the beleaguered fitness tech company.
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