Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Peloton Interactive, Inc. (NASDAQ: PTON) on behalf of long-term stockholders following a class action complaint that was filed against Peloton on November 18, 2021 with a Class Period from December 9, 2020 to November 4, 2021. Our investigation concerns whether the board of directors of Peloton have breached their fiduciary duties to the company.
According to the complaint, Defendants repeatedly represented that the Company's positive results and growth would continue after the pandemic. Defendants also allegedly made false and misleading statements about the amount of inventory that Peloton held and touted the Company’s ability to keep its inventory levels in line with sustained demand.
If you are a long-term stockholder of Peloton, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Alexandra B. Raymond by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Alexandra B. Raymond, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
