Peloton says it's facing federal investigations over equipment safety

Peloton's less-than-stellar news isn't limited to its poor financials. As ABC Newsreports, Peloton has revealed multiple federal probes over its reporting of fitness equipment injuries. Both the Justice Department and Homeland Security have subpoenaed the exercise hardware maker for documents and other data related to injury reporting, while the SEC is investigating public disclosures over those injuries. The news follows a contentious recall for the Tread and Tread+ in May. Peloton recalled rou...