Peloton (NASDAQ: PTON) Breach of Fiduciary Duties Investigation
Have You Held Peloton Stock Since At Least October 2020? Peloton Interactive, Inc. Investors May Have Legal Claims Against The Company’s Officers and Directors.
Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Peloton Interactive, Inc. (“Peloton”) (NASDAQ: PTON) breached their fiduciary duties to Peloton and its shareholders.
The investigation concerns whether members of Peloton’s board of directors or senior management failed to manage Peloton in an acceptable manner, in breach of their fiduciary duties to Peloton, and whether Peloton and its shareholders have suffered damages as a result.
As recently reported by various news outlets and confirmed by filings with the Securities and Exchange Commission, Peloton’s founders, directors, and officers collectively sold nearly $500 million in stock before disclosing recent production stoppages, sales declines, and employee layoffs, which have caused dramatic declines in Peloton’s stock price.
Peloton Investors Who Have Held PTON Stock Shares Since At Least October 2020
If you are a Peloton shareholder who has held Peloton stock since at least October 2020, please contact Kehoe Law Firm, P.C., Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], for a free, confidential consultation and no-obligation evaluation of potential legal claims.