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Investigation announced for Investors in shares of Peloton Interactive, Inc. (NASDAQ: PTON)

10-07-2019 04:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Peloton Interactive, Inc. (NASDAQ: PTON) shares over potential securities laws violations.

An investigation for investors in Peloton Interactive, Inc. (NASDAQ: PTON) shares over potential securities laws violations.

An investigation was announced concerning potential securities laws violations by Peloton Interactive, Inc. in connection with certain financial statements.

Investors who purchased shares of Peloton Interactive, Inc. (NASDAQ: PTON), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether certain statements by Peloton Interactive, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

New York based Peloton Interactive, Inc. provides interactive fitness products in North America. It offers connected fitness products, such as the Peloton Bike and the Peloton Tread, which include touchscreen that streams live and on-demand classes. Peloton Interactive, Inc went public in late September 2019. Peloton Interactive, Inc sold 40 million shares at $29 per share in its initial public offering, which raised $1.16 billion. However, since the IPO, shares of Peloton Interactive, Inc (NASDAQ: PTON) declined to $21.14 per share on October 3, 2019.

Those who purchased shares of Peloton Interactive, Inc. (NASDAQ: PTON) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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