An investigation for investors in Peloton Interactive, Inc. (NASDAQ: PTON) shares over potential securities laws violations by Peloton Interactive, Inc. (NASDAQ: PTON) was announced.
San Diego, CA -- (SBWIRE) -- 11/20/2019 -- Peloton Interactive, Inc is under investigation concerning possible violations of securities laws 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 firstname.lastname@example.org 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.
Peloton completed its IPO on September 25, 2019, offering shares at $29.00 per share and raising $1.16 billion in proceeds. Since its IPO, Peloton's stock has continued to decline to as low as $24.15 per share on November 13, 2019.
Those who purchased shares of Peloton Interactive, Inc. (NASDAQ: PTON) have certain options and should contact the Shareholders Foundation.
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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.