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Case docket

Wilson v. Peloton Interactive, Inc. — U.S. District Court, E.D.N.Y.

Wilson v. Peloton Interactive, Inc. — 13 court filings in the archive, mostly from U.S. District Court for the Eastern District of New York, filed between April 29, 2021 and April 25, 2025. Among them: 2 notices, 1 complaint and 1 transcript.

Case facts

CourtU.S. District Court for the Eastern District of New York (7 filings); U.S. District Court, Eastern District of New York (3 filings)
Filings13 public filings
Filed2021-04-29 – 2025-07-29
Document typesnotices (2), complaint (1), transcript (1), proposed order (1), stipulation (1), memorandum or brief (1)
Original PDFs13 of 13

Case summary

Wilson v. Peloton Interactive, Inc., No. 1:21-cv-02369 in the U.S. District Court for the Eastern District of New York, is a federal securities class action filed April 29, 2021 on behalf of all persons and entities who purchased publicly traded Peloton securities between September 11, 2020 and April 16, 2021. The complaint brings claims under sections 10(b) and 20(a) of the Securities Exchange Act of 1934 against Peloton and individual defendants including chief executive John Foley and chief financial officer Jill Woodworth. The parties executed a settlement agreement dated April 17, 2023 for a total settlement amount of $13,950,000.00. On July 9, 2024 the court granted final approval, awarded $3,906,000.00 in attorneys' fees plus $88,996.15 in expenses and a $5,000.00 service award, and dismissed the action with prejudice.

Case at a glance

PartiesPlaintiff Ashley Wilson, individually and on behalf of all others similarly situated; lead plaintiff Richard Neswick; defendants Peloton Interactive, Inc. and individual defendants John Foley, Jill Woodworth, Hisao Kushi and Brad Olson
Court and docketU.S. District Court for the Eastern District of New York, No. 1:21-cv-02369-CBA-PK; the settlement motions were decided by Magistrate Judge Peggy Kuo on the parties' consent
ProgramNot named in the filings on this page. The claims concern disclosures about the Tread+ treadmill, not a pandemic relief program
ClaimsViolations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934, over allegedly materially false and misleading statements in the period from Peloton's Form 10-K filed September 11, 2020
Disposition or statusSettled and dismissed with prejudice. A settlement agreement dated April 17, 2023 set a total settlement amount of $13,950,000.00; preliminary approval was granted February 21, 2024 and final approval on July 9, 2024
Status checked2026-09-23 · against DOJ press releases through 2026-09-22; court docket not yet read

What does the complaint allege?

That Peloton and the individual defendants made materially false and misleading statements between September 11, 2020 and April 16, 2021 and that the class was economically damaged. The complaint sets out the March 18, 2021 letter from John Foley to Tread+ owners, published on Peloton's website, about the death of a child from a Tread+. These are the complaint's allegations.

What did the settlement provide?

That in exchange for payment of $13,950,000.00 the settlement class would release the defendants from claims relating to the allegations in the action, with the settlement amount plus interest used to pay taxes, notice and administration expenses, attorneys' fees and expenses and other court-approved costs.

What did the court award?

$3,906,000.00 in attorneys' fees, about 28 percent of the settlement amount and a multiplier of 2.06 on the submitted billing summaries, plus $88,996.15 in litigation expenses and a $5,000.00 service award to lead plaintiff Richard Neswick, all payable from the settlement fund.

Summary written from the documents on this page; every sentence is sourced.

Filings

13 public filings from this case, in filing-date order.

  1. Class Action ComplaintComplaint · PDF
  2. Amended Class Action Complaint — Wilson v. Peloton (Dkt. 8, E.D.N.Y.)PDF
  3. Notice of Motion for Consolidation & Lead PlaintiffNotice · PDF
  4. Report & RecommendationPDF
  5. Amended Class Action Complaint — In re Peloton Interactive Securities Litigation (Dkt. 45)PDF
  6. Transcript of Oral ArgumentTranscript · PDF
  7. Notice of Pendency and SettlementNotice · PDF
  8. Proposed Order Preliminarily Approving Settlement — In re…Proposed order · PDF
  9. Stipulation and Agreement of SettlementStipulation · PDF
  10. Proposed Final Order & Judgment Approving Settlement — In re…PDF
  11. Decision and OrderPDF
  12. Memorandum of Law in Support of DistributionMemorandum or brief · PDF
  13. Memorandum & Order — Wilson v. PelotonOrder · PDF

More documents from this docket

2 more documents from the same CourtListener docket (gov.uscourts.nyed.463443) are in the archive but are not among the 13 filings above.

  1. Motion (2023-04-17)Exhibit
  2. undatedTipulation And [Proposed] Order Regarding Schedule For LeadStipulation

Other cases in the archive from U.S. District Court for the Eastern District of New York.

Court, dates and docket numbers are as recorded on the filings.

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