An investigation for investors in Peloton Interactive, Inc. (NASDAQ: PTON) shares over potential securities laws violations by Peloton Interactive, Inc. was announced and NASDAQ: PTON stockholders should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 10/16/2019 -- Peloton Interactive, Inc. is under investigation over potential securities laws violations 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 possible claims on behalf of purchasers of the securities of Peloton Interactive, Inc. (NASDAQ: PTON) concerning whether a series of 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.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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 conftact 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, investigation, and/or settlements are not filed/reached and/or 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.