Spinning creator files patent infringement lawsuit accusing Peloton of stealing its technology for their stationary bikes
Spinning-creator Mad Dogg Athletics filed its lawsuit against Peloton Interactive on Monday in the US District Court for the Eastern District of Texas
The suit accuses Peloton of infringing on two MDA patents for stationary bikes
MDA, founded in 1994, bills itself as the creator of the indoor cycling category Peloton has built its business by freeriding on Mad Dogg s patent-protected innovations, MDA CEO John Baudhuin said
Its suit was filed three days after it was announced that Peloton, founded in 2012, will be joining the Nasdaq 100 index