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Skechers to Pay $50 Million in Toning Shoe Lawsuit

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Skechers has agreed to pay $50 million to settle allegations made by the Federal Trade Commission and 44 states attorneys general that the shoe company made false and unsubstantiated claims regarding their rocker-bottom shoes, including that wearers would lose more weight and gain more muscle tone than they could with regular fitness shoes, the LA Times reports federal investigators as saying.

David Vladeck, director of the Federal Trade Commission’s Bureau of Consumer Affairs said “Unfortunately, for the millions of people who bought Skechers toning shoes, the only thing that got a workout was their wallet.” He also said that “when comparing its toning footwear to standard fitness shoes, Skechers put its foot in its mouth by making unproven claims that its toning footwear strengthened muscles, increases weight loss, reduces body fat and improves circulation and aerobic conditioning.”

Under the terms of the settlement, Skechers will pay $40 million for the federal allegations, with most to be used for refunds to consumers who purchased the shoes, and $5 million more to settle allegations made the states, as well as an additional $5 million for legal fees associated with the class action lawsuit.

Anyone who purchased Skechers Shape-Ups and other toning shoes can apply for a refund through the FTC website at http://www.ftc.gov/bcp/cases/skechers/index.shtm

 

breakinglawsuitnews.com disclaimer: This article: Skechers to Pay $50 Million in Toning Shoe Lawsuit was posted on Thursday, May 17th, 2012 at 8:14 pm at breakinglawsuitnews.com and is filed under Fraud Lawsuits.

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