Table of contents
- Latest Peloton Treadmill Lawsuit Updates
- April 7, 2025: Court Preliminarily Approves Derivative Settlement
- October 4, 2024: Shareholder Suit Dismissed and Settlement Nears
- July 9, 2024: Court Approves $14 Million Settlement
- February 21, 2024: Court Preliminarily Approves Settlement
- January 5, 2023: Peloton Agrees to $19 Million CPSC Penalty
- December 15, 2022: Parties Reach Settlement in Principle
- December 13, 2021: Peloton Files Dismissal in Consumer Class Action
- October 15, 2021: Peloton Files Notice of Settlement in Albright
- May 5, 2021: Peloton Recalls Tread+ and Tread Treadmills
- April 29, 2021: Shareholders File Securities Class Action
- April 20, 2021: Consumer Class Action Albright Filed
- April 17, 2021: CPSC Warns Consumers to Stop Using the Tread+
- What Is the Peloton Tread+?
- Who May Be Affected?
- Reported Injuries or Damages
- Recall and Regulatory Background
- Evidence to Preserve
- Filing Deadlines
- Frequently Asked Questions
- Is There a Peloton Treadmill Class Action Lawsuit?
- How Much Did Lawyers Get in the Peloton Treadmill Lawsuit?
- What Does the CPSC Say About Deliveries After the Recall?
- Which Court Handled the Peloton Securities Class Action?
The Peloton Tread+ treadmill was recalled in 2021. Reports said people, pets and objects were pulled under its rear, and one child died. The regular Peloton Tread was also recalled over a touchscreen problem.
In January 2023, Peloton agreed to pay just over $19 million to settle CPSC charges. Shareholders settled a federal class action for $14 million over what Peloton said about the Tread+. No MDL has been formed for Peloton treadmills.
Both payments went to a regulator and to investors, not to injured users. The consumer class action Albright was dismissed in 2021, and a derivative settlement won preliminary approval in 2025.
Latest Peloton Treadmill Lawsuit Updates
April 7, 2025: Court Preliminarily Approves Derivative Settlement
A federal court in New York gave preliminary approval to a settlement of the consolidated shareholder derivative suits against Peloton, Investing.com reports. The suits allege insider trading and downplaying Peloton Tread+ safety concerns [1].
Peloton disclosed the order, dated April 7, 2025, in an SEC filing on April 25, 2025. Derivative suits are brought on behalf of the company, not by injured users.
October 4, 2024: Shareholder Suit Dismissed and Settlement Nears
Pelo Buddy reported that a federal judge dismissed the Robeco shareholder suit. It also said a global settlement was being finalized for three other suits [2].
Those three suits allege insider trading and misleading statements about Tread+ safety, according to Pelo Buddy. These are shareholder cases.
July 9, 2024: Court Approves $14 Million Settlement
Bloomberg Law reported that a federal court gave final approval to Peloton’s $14 million settlement. The suit was a securities fraud class action about what Peloton said on Tread+ safety [3].
The investors alleged the company did not disclose safety threats. Attorneys’ fees were $3.9 million. The money went to investors, not injured users.
February 21, 2024: Court Preliminarily Approves Settlement
The court gave first approval to the shareholder settlement with Peloton Interactive, Inc. on this date, the Stanford Securities Class Action Clearinghouse says [4]. The complaint names Peloton and its leadership as defendants.
January 5, 2023: Peloton Agrees to $19 Million CPSC Penalty
Engadget reported that the company accepted a penalty of just over $19 million. The Consumer Product Safety Commission had brought charges over its handling of Tread+ injury reports and the recall [5].
Peloton also agreed to run a compliance program. The payment is a civil penalty paid to the regulator, not compensation to injured users.
December 15, 2022: Parties Reach Settlement in Principle
The parties told the court in the shareholder suit that they had reached a settlement in principle. It alleged that the company’s disclosures about Tread+ safety were misleading. The deal still needed court approval.
December 13, 2021: Peloton Files Dismissal in Consumer Class Action
Peloton filed a notice of voluntary dismissal with prejudice in the Albright consumer class action in federal court in California.
October 15, 2021: Peloton Files Notice of Settlement in Albright
Peloton Interactive, Inc. told the federal court in California that the Albright consumer class action against it had settled. The notice came about six months after the case was filed.
May 5, 2021: Peloton Recalls Tread+ and Tread Treadmills
Peloton recalled about 125,000 Tread+ treadmills (recall 21-128) and about 1,050 Tread treadmills (recall 21-129) with the CPSC after reports including a child’s death. The CPSC updated the Tread remedy on August 16, 2021 [6, 7].
April 29, 2021: Shareholders File Securities Class Action
A shareholder class action was filed against Peloton Interactive, Inc. over its Tread+ safety disclosures. The case is styled Peloton Interactive, Inc. Securities Litigation.
The complaint alleges that the company hid a serious safety threat. It says the Tread+ put children and pets at risk, besides the death of a child.
April 20, 2021: Consumer Class Action Albright Filed
Consumer plaintiffs filed the class action Albright against Peloton Interactive, Inc. in the U.S. District Court for the Northern District of California, as Case No. 21-cv-02858.
April 17, 2021: CPSC Warns Consumers to Stop Using the Tread+
The CPSC issued a product safety warning, number 21-113, urging consumers with children to stop using the Tread+. At that date it knew of 39 incidents, including one death. The warning later became the May 5 recall.
What Is the Peloton Tread+?
The Peloton Tread+ and Tread are treadmills sold by Peloton Interactive, Inc., an interactive fitness company. The Stanford Clearinghouse summary of the complaint says the products include touchscreens. The screens stream live and on-demand classes.
The Verge reports that Peloton first sold the Tread+ treadmill for $4,295, before the Tread+ was recalled in 2021 [8].
Who May Be Affected?
Adult users, children, pets and objects can be pulled underneath the rear of the Peloton Tread+, sold from September 2018 through April 2021. A 6-year-old child died after being pulled under it.
The Peloton Tread, sold from November 2020 through March 2021, was recalled because its touchscreen can detach and fall, posing a risk of injury.
Whether you may have a claim over a Peloton treadmill injury depends on your own facts, and only an individual legal review can say.
Reported Injuries or Damages
The CPSC recall notice says Peloton had received 72 reports of adults, children, pets and objects pulled under the Tread+, including 29 reports of injuries to children such as abrasions, broken bones and lacerations.
By the time Peloton filed a report, Engadget says, the CPSC knew of over 150 incidents. They included a child’s death and 13 injuries.
For the Tread, the notice lists 18 reports of the touchscreen loosening and six of it detaching and falling. No injuries were reported in the U.S.
The CPSC says Peloton did not report these incidents right away, as the law requires. Reports are not proof that the treadmill caused every incident. The claims in the shareholder complaint are allegations, not findings.
Recall and Regulatory Background
The recall also halted new Tread+ sales, according to Pelo Buddy. Owners could get a full refund until November 6, 2022, a partial refund later, or a free move to a room children and pets cannot enter.
The Tread recall covers the touchscreen problem, with a full refund or free repair. Peloton’s recall line is 866-679-9129. A recall does not prove liability or decide whether you can bring a claim.
Evidence to Preserve
Keep these items safe if you or a family member was hurt on a Peloton treadmill:
- The treadmill itself and its serial number, if you still have it.
- Purchase and delivery records for the treadmill.
- Photographs of the injury and of the machine.
- Medical records and bills for treatment.
- Messages and emails with Peloton.
- The safety key that came with the treadmill.
- Any recall or repair paperwork you received.
Filing Deadlines
Filing deadlines for injury claims exist, and they come from state law rather than from the recall or from any settlement.
These time limits vary with where you live and with when the injury happened and when it was discovered by you.
Missing one can end a claim even with strong facts, so check with a lawyer promptly about your own situation.
Frequently Asked Questions
Is There a Peloton Treadmill Class Action Lawsuit?
A Peloton treadmill class action lawsuit was filed by consumers in 2021, but the Albright case was voluntarily dismissed. The shareholder class action settled for $14 million. Seven investors opted out and none objected.
How Much Did Lawyers Get in the Peloton Treadmill Lawsuit?
The lawyers in the Peloton treadmill lawsuit received about 28% of the settlement as attorneys’ fees. The fees were paid out of the shareholder settlement, so the payment did not go to injured treadmill users.
What Does the CPSC Say About Deliveries After the Recall?
The CPSC says couriers delivered 38 Tread+ units after the recall began. That finding is part of the regulator’s case against Peloton. It is a separate point from the number of incidents reported to the agency.
Which Court Handled the Peloton Securities Class Action?
The Peloton securities class action was handled in the Eastern District of New York. The presiding judge was Hon. Carol Bagley Amon, and Magistrate Judge Peggy Kuo was also involved in the case.