News Alert: Skechers to pay $40M to settle FTC charges over fitness shoes

Wednesday, May 16, 2012

   
The Washington PostWednesday, May 16, 2012 11:53:28 AM
ECONOMY/BUSINESS NEWS ALERT

Skechers to pay $40M to settle FTC charges over fitness shoes


Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission that the footwear company made unfounded claims that its Shape-ups shoes would help people lose weight and tone muscles.

Consumers who bought the shoes will be eligible for refunds.


Read more at:
http://www.washingtonpost.com/business/industries/skechers-to-pay-40m-to-settle-government-charges-over-claim-that-fitness-shoes-toned-muscles/2012/05/16/gIQA7NAmTU_story.html



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