Peloton必须面对股东关于疫情期间库存声明的诉讼

Core Viewpoint - Peloton Interactive is required to face a lawsuit alleging that it misled shareholders by concealing excess inventory of home fitness equipment during the easing of COVID-19 restrictions, as ruled by the federal appeals court [1] Summary by Relevant Sections - Lawsuit Details - The Manhattan Second Circuit Court overturned a lower court's decision, allowing shareholders to continue their claims against Peloton [1] - The lawsuit claims that Peloton made three false and misleading statements that artificially inflated its stock price [1] - Stock Performance Context - The shareholder lawsuit coincides with a period when Peloton's stock price plummeted over 80% from February 5, 2021, to January 19, 2022 [1] - This decline in stock price aligns with the widespread availability of vaccines and the reopening of gyms [1]