SAN DIEGO & NEW YORK–(BUSINESS WIRE)–$PTON #ClassAction–Shareholder rights law firm Robbins LLP is investigating Peloton Interactive, Inc. (NASDAQ: PTON) for potential violations of federal securities laws pursuant to its September 2019 initial public offering (“IPO”). 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 and currently trades at around $23, representing an almost 21% decline from its IPO price. Peloton provides interactive fitness products in North America.
If you suffered a loss as a result of Peloton’s misconduct, click here.
Peloton Interactive, Inc. (PTON) Shareholders Have Legal Options
Contact us to learn more:
Leo Kandinov
(800) 350-6003
[email protected]
Shareholder Information Form
Robbins LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.
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Contacts
Leo Kandinov
Robbins LLP
5040 Shoreham Place
San Diego, CA 92122
[email protected]
(619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com
