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2021-08-13

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Peloton is sued for improperly charging sales tax

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Millions of dollars nationwide may have been collected improperly, they said.</p>\n<p>Peloton \"willfully and knowingly overcharged its subscribers\" to maximize profit, according to the complaint.</p>\n<p>The New York-based company declined to comment on Friday, saying it does not discuss pending litigation. Lawyers for the plaintiffs had no immediate additional comment.</p>\n<p>Skillern moved last year to Vienna, Virginia, from the New York City borough of Brooklyn, while Corken lives in Reading, Massachusetts.</p>\n<p>They are seeking unspecified compensatory, punitive and triple damages for breach of contract, and violations of New York and Virginia consumer protection laws.</p>\n<p>Peloton is scheduled to release fiscal fourth-quarter results on Aug. 26.</p>\n<p>Revenue more than doubled in the nine months ended March 31 as the pandemic led to more people working out at home.</p>\n<p>In May, Peloton agreed to recall its Tread+ treadmill, which a U.S. regulator linked to dozens of incidents and at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> death, after initially resisting.</p>\n<p>The case is Skillern et al v Peloton Interactive Inc, U.S. District Court, Southern District of New York, No. 21-06808.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Lawyers for the plaintiffs had no immediate additional comment.\nSkillern moved last year to Vienna, Virginia, from the New York City borough of Brooklyn, while Corken lives in Reading, Massachusetts.\nThey are seeking unspecified compensatory, punitive and triple damages for breach of contract, and violations of New York and Virginia consumer protection laws.\nPeloton is scheduled to release fiscal fourth-quarter results on Aug. 26.\nRevenue more than doubled in the nine months ended March 31 as the pandemic led to more people working out at home.\nIn May, Peloton agreed to recall its Tread+ treadmill, which a U.S. regulator linked to dozens of incidents and at least one death, after initially resisting.\nThe case is Skillern et al v Peloton Interactive Inc, U.S. District Court, Southern District of New York, No. 21-06808.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/897933301"}