Peloton May Be Set Back in Battle Against Flywheel Ahead of IPO

June 6, 2019, 8:19 PM

Just hours after it announced it had confidentially filed for an initial public offering, Peloton Interactive Inc. suffered a potential setback in its dispute with Flywheel Sports Inc. over possible patent infringement.

A review board within the U.S. Patent and Trademark Office has agreed to take a second look at the validity of three Peloton patents after finding that Flywheel has established a “reasonable likelihood” of winning its argument that the patents cover old ideas. The Patent Trial and Appeal Board issued its orders June 5.

A victory at the review board could be key to the legal tussle between ...

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