Peloton fighting recall of treadmill after child death, Washington Post says - InvestingChannel

Peloton fighting recall of treadmill after child death, Washington Post says

A month after disclosing that one child died and others were injured in accidents on its treadmills, Peloton Interactive is fighting request by the Consumer Product Safety Commission that it recall the products and has delayed the agency’s investigation into potential safety problems, Todd Frankel of Washington Post reports, citing officials familiar with the case. The Consumer Product Safety Commission this week took the unusual step of filing an administrative subpoena to require Peloton to disclose the name of the child who died, the officials told the paper. Peloton and regulators have been negotiating this week over the wording and timing of an agency warning to alert consumers to potential dangers posed by the Peloton Tread+, and a new safety warning from the CPSC is expected to be posted as early as Saturday, the officials said.