Posted on 01/05/2023 9:30:36 AM PST by ChicagoConservative27
Peloton reached a settlement with the U.S. Consumer Product Safety Commission Thursday over its defective treadmills that caused injuries and the company’s failure to report the concerns to the commission.
Peloton recalled all of its treadmills in 2021 after the death of a child and dozens of other injuries occurred while using the product. In the commission’s press release published Thursday, it announced that Peloton agreed to pay a $19 million civil penalty because the company “knowingly failed” to report that its Tread+ treadmill had a “substantial” hazard that could serious injury to the consumer.
Peloton received reports of injuries connection with its Tread+ treadmill beginning in December 2018, but did not immediately report the incidents to the commission, according to the release. By the time the company reported the defective treadmill, there were more than 150 reports of people, pets or objects being pulled under the treadmill, including one child death and 13 injuries, the release states.
(Excerpt) Read more at thehill.com ...
I go outside. Find a hill or field, and sprint.
The bicycle took off down the street and had no brakes. Not a good design for a stationary bike.
JANE! STOP THIS CRAZY THING!!
The company is deep in the financial toilet—and trying to hide their insolvency with accounting “games”.
There was an excellent Zero Hedge discussion here:
For those who want to dig deeper Zero Hedge has dozens of articles on this train wreck of a company.
You should warn people about many of the comments there.
It doesn’t bother me in the slightest…
Zero Hedge comments are actually moderated (believe it or not!).
It is just that the moderators are a bit more free-wheeling than the average snowflake is used to seeing....
;-)
A pair of shoes takes me three to four thousand kilometers every year, and I don’t have to pay a subscription, and I get to explore all kinds of awesome things by luck and chance just by putting on my shoes and pointing feet in a direction. Sometimes I don’t return home for ten hours. God’s country is worth seeing in person, slowly.
I enjoy the comments more than the articles.
The value was inflated by a successful ad campaign. Their product is inferior compared to competitor’s options in nearly every way. And the consumers who were targeted were never likely to stick with their program for very long. It was only a matter of time.
I go outside. Find a hill or field, and then go back inside..............
“I go outside. Find a hill or field, and then go back inside..............”
My driveway is the biggest hill within walking distance.
I like your tagline btw—I reject all major paradigms and propaganda campaigns and the brainwashed masses are not happy with me....
;-)
LOL, I like your plan…
Yep, just walking up to the mailbox is sufficient daily cardio.
Searchlight Harry and his brother....might a had a case....
kid playing on a treadmill unsupervised? Thats not a toy.
I live across the street from a large park....................
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