New York, New York--(Newsfile Corp. - November 29, 2021) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Peloton Interactive, Inc. (NASDAQ: PTON) ("Peloton") between December 9, 2020 and November 4, 2021.
If you suffered a loss, contact us at the link below. There is no cost or obligation to you.
Allegations against PTON include that the Company made materially false and/or misleading statements and/or failed to disclose that: Defendants repeatedly, falsely assured investors that the Company's positive results and growth would continue after the pandemic. In addition, during the Class Period, Defendants made false and misleading statements about the amount of inventory that Peloton held, and touted the Company's ability to keep its inventory levels in line with substantial, sustained demand. As a result of Defendants' misrepresentations, Peloton common stock traded at artificially inflated prices during the Class Period.
If you suffered a loss in Peloton you have until January 18, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105601