Peloton Agrees to Pay $19M in Relation to a Delayed, Failed Tread+ Recall

PHILADELPHIA– Peloton has agreed to: a $19 million fine in connection with a late and erroneous previous recall. It’s one of the largest penalties ever imposed on a company by the Consumer Product Safety Commission.

The recall was in 2021 and affected the Peloton Tread+.

According to the CPSC, Peloton did not immediately report the defective machines and knowingly continued to offer them for sale even after the recall was announced.

“This is an important security agreement,” said William Wallace, deputy director of security policy at Consumer Reports. “Because it shows that if you break our safety laws, you will be held accountable as a company.”

The treadmills have been linked to 13 injuries, the death of a 6-year-old child and multiple reports of incidents of people, pets and objects being dragged underneath.

The recall was in 2021 and affected the Peloton Tread+.

“Peloton sat on 150 different incident reports before they even indicated that this was a problem for our security agencies,” Wallace said. “Although Peloton ultimately recalled these products in May 2021, they did not do so immediately.”

“Even after the recall, Peloton has continued to offer these treadmills for sale,” asked consumer reporter Nydia Han.

“That’s right, that’s part of the settlement today because they continued to market the Tread+ for a while after the recall went into effect, which is against the law,” CPSC Commissioner Alexander Hoehn-Saric said.

“Hope this sends a message to other companies,” Han asked.

“Businesses should be warned that the CPSC is here, that we will take this very seriously, that we will pursue them and make the marketplace safe for consumers,” Hoehn-Saric said.

The CPSC also says this shows that the agency often has to rely on consumers rather than businesses to report problems.

“I tell you to leave safer products.govreport it to us, let us know, we’ll investigate and you could save someone else’s life,” he said.

Peloton says it is pleased to have reached the settlement agreement and looks forward to working with the CPSC to further improve member safety, including approving a Tread+ rearguard.

Full Peloton Explanation:

“Peloton remains deeply committed to the safety and well-being of our members and to the continuous improvement of our products. We are pleased to have entered into this settlement agreement with the US Consumer Product Safety Commission (CPSC) and look forward to working with the CPSC to further improve member safety. As such, Peloton continues to seek CPSC approval for a Tread+ rear protection that would further enhance its safety features.”

Copyright © 2023 KABC Television, LLC. All rights reserved.

https://abc7.com/peloton-treadmill-tread-recall-tread-consumer-product-safety-commission/12659602/ Peloton Agrees to Pay $19M in Relation to a Delayed, Failed Tread+ Recall

Laura Coffey

World Time Todays is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@worldtimetodays.com. The content will be deleted within 24 hours.

Related Articles

Back to top button