Almost exactly one year after reaching a $40 million settlement with the Federal Trade Commission regarding questionable health benefits attributed to Skechers’ Shape-Ups toning shoes, a U.S. District Court judge has finally signed off on the deal, allowing things to move on to the refund stage. [More]
Almost a year after Reebok settled with the Federal Trade Commission for $25 million over allegations that it had deceptively advertised its EasyTone sneakers, those checks are finally going out to around 315,000 consumers who registered for refunds.
As we mentioned earlier today, among the many pieces of evidence in the FTC’s $40 million settlement with Skechers over deceptive advertising for the shoe maker’s toning sneakers is one claim about a supposed “independent” clinical study undertaken by a chiropractor — who may not have been totally unbiased in his research.
In September, when we figured out that the Federal Trade Commission was about to announce a mammoth settlement with a major shoe company over deceptive “toning shoe” ads, we guessed it was either Reebok or Skechers. Well, we were right about Reebok and it looks like Skechers is preparing for the possibility that it could end up paying out millions to the FTC.