Peloton received more than 150 reports of injuries related to its Tread+ treadmill.

Avery Hartmans/Insider

Peloton will pay a $19 million penalty to settle charges by the Consumer Product Safety Commission. The CPSC said Peloton failed to immediately report injuries and stop distributing treadmills. Peloton received 150 incident reports, including the death of a child trapped under a treadmill.

Peloton has agreed to pay a $19 million penalty for failing to immediately notify the Consumer...

Continue Reading Peloton will pay a $19 million penalty for failing to act fast enough over treadmill incidents that included the death of a 6-year-old child