United States: Trials & Appeals & Compensation

Individually, these claims are not new. What is new—and concerning—is how aggressively they are now being bundled together by a small group of repeat plaintiffs and their attorneys.

On March 9, 2026, the Colorado Supreme Court reversed the Title Board’s approval of Proposed Initiative 2025–2026 #158, a ballot initiative that sought to amend the Colorado Taxpayer’s Bill of Rights (“TABOR”) to require voter approval for any “fee” expected to create more than $100 million in revenue in its first five fiscal years and defined “fee” as “a voluntarily incurred governmental charge in exchange for a specific benefit conferred on the payer.”

On March 31, 2026, Judge Margo Brodie of the United States District Court for the Eastern District of New York granted a motion to dismiss a putative class action against an exercise equipment company (the “Company”) and its officers and directors for alleged violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. Tian v. Peloton Interactive, Inc., 23-cv-4279-MKB (E.D.N.Y. Mar. 31, 2026). Having previously granted a motion to dismiss the action with leave to amend, which we covered here, the Court granted this motion to dismiss with prejudice.