New
York Attorney General Eric Schneiderman
announced a record $45 million dollar nationwide settlement with Skechers, USA,
Inc. to end the deceptive marketing of its footwear products including
Shape-Ups, Tone-Ups, and the Skechers Resistance Runner athletic shoes. Under
the settlements reached with New York, 44 states and the Federal Trade
Commission, up to $40 million is being allocated for refunds to be paid back to
consumers who purchased the shoes, and Skechers will pay an additional $5
million to the states.
This settlement forces Skechers to
‘shape up’ by ceasing to make unsubstantiated health and medical claims for
their so-called toning shoes. New Yorkers who purchased these shoes as a result
of Skechers’ deceptive marketing practices will now be eligible for refunds.
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