Case docket
Wilson v. Peloton Interactive, Inc. — U.S. District Court, E.D.N.Y.
Wilson v. Peloton Interactive, Inc. — U.S. District Court, E.D.N.Y. — 14 documents in the archive, dated April 29, 2021 to July 29, 2025. We have 13 of the 113 numbered entries on No. 1:21-cv-02369.
Case facts
| Court | U.S. District Court for the Eastern District of New York (7 filings); U.S. District Court, Eastern District of New York (3 filings) |
|---|---|
| Docket number | No. 1:21-cv-02369 — main docket · CourtListener docket 463443 |
| Filings | 14 public filings |
| Filed | 2021-04-29 – 2025-07-29 |
| Original PDFs | 14 of 14 |
| Profiles | John Foley |
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
| Parties | Plaintiff 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 docket | U.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 |
| Program | Not named in the filings on this page. The claims concern disclosures about the Tread+ treadmill, not a pandemic relief program |
| Claims | Violations 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 status | Settled 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 checked | 2026-09-23 · 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.
Docket
14 documents in docket-entry order; attachments follow their entry. Gaps name the entries we do not have.
No. 1:21-cv-02369
- Class Action Complaint — Wilson v. PelotonEntry 1
- —Entries 2–7 are not in the archive
- Amended Class Action Complaint — Wilson v. Peloton (Dkt. 8, E.D.N.Y.)Entry 8
- —Entries 9–17 are not in the archive
- Notice of Motion for Consolidation & Lead Plaintiff — Wilson v. Peloton (E.D.N.Y.)Entry 18
- —Entries 19–36 are not in the archive
- Report & Recommendation — Wilson v. PelotonEntry 37
- —Entries 38–44 are not in the archive
- Amended Class Action Complaint — In re Peloton Interactive Securities Litigation (Dkt. 45)Entry 45
- —Entry 46 is not in the archive
- Memorandum & Order — Wilson v. Peloton (filed 2022-01-26)Entry 47
- —Entries 48–75 are not in the archive
- Transcript of Oral Argument — Wilson v. Peloton (E.D.N.Y.)Entry 76
- —Entries 77–79 are not in the archive
- Stipulation and Agreement of Settlement — Wilson v. PelotonEntry 80
- Notice of Pendency and Settlement — Wilson v. PelotonEntry 80, attachment 2
- —Entry 81: main document not in the archive
- Proposed Order Preliminarily Approving Settlement — In re Peloton Securities LitigationEntry 81, attachment 1
- —Entries 82–92 are not in the archive
- —Entry 93: main document not in the archive
- Proposed Final Order & Judgment Approving Settlement — In re Peloton Securities LitigationEntry 93, attachment 1
- —Entries 94–105 are not in the archive
- Decision and Order — Wilson v. PelotonEntry 106
- —Entries 107–108 are not in the archive
- Memorandum of Law in Support of Distribution — Wilson v. PelotonEntry 109
- —Entries 110–112 are not in the archive
- Memorandum & Order — Wilson v. Peloton (Doc. 113, filed 2025-07-29)Entry 113
More documents from this case’s dockets
2 more documents linked to this case’s dockets are in the archive and not in the docket above.
- Exhibit B: Judgment Approving Class Action Settlement — In re Peloton Interactive, Inc., Case No. 1:21-cv-02369-CBA-PK (Dkt. 80-6, E.D.N.Y.)ExhibitDocument 80-6, In re Peloton Interactive Securities Litigation, No. 1:21-cv-02369-CBA-PK (E.D.N.Y.): proposed final judgment approving class settlement.
- undatedStipulation and Proposed Order Regarding Schedule for Lead Plaintiff to File an Amended Complaint (Peloton)Stipulation
Court, dates and docket numbers are as recorded on the filings.