joseephuss
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http://www.chicagotribune.com/business/breaking/chi-fi-ftc-skechers-20120517,0,2592762.story
Skechers agrees to pay $50M to settle toning-shoe cases
WASHINGTON — Hall of Fame quarterback Joe Montana said they improved his strength and posture. Celebrity Kim Kardashian boasted they allowed her to ditch her personal trainer.
But federal and state officials said the rocker-bottom Shape-ups and other toning shoes made by Skechers USA Inc. don't live up to the hype from the company and its high-profile endorsers.
On Wednesday, the Manhattan Beach company agreed to pay $50 million to settle false-advertising allegations by the Federal Trade Commission and the attorneys general of 44 states, including California, as well as the District of Columbia.
Most of the money will be used to provide partial refunds to consumers who paid $60 to $100 a pair for shoes they were led to believe could give them Kardashian's curves or the slim physique of the middle-age Montana.
"Unfortunately, for the millions of people who bought Skechers toning shoes, the only thing that got a workout was their wallet," said David Vladeck, director of the FTC's Bureau of Consumer Protection.
Skechers agrees to pay $50M to settle toning-shoe cases
WASHINGTON — Hall of Fame quarterback Joe Montana said they improved his strength and posture. Celebrity Kim Kardashian boasted they allowed her to ditch her personal trainer.
But federal and state officials said the rocker-bottom Shape-ups and other toning shoes made by Skechers USA Inc. don't live up to the hype from the company and its high-profile endorsers.
On Wednesday, the Manhattan Beach company agreed to pay $50 million to settle false-advertising allegations by the Federal Trade Commission and the attorneys general of 44 states, including California, as well as the District of Columbia.
Most of the money will be used to provide partial refunds to consumers who paid $60 to $100 a pair for shoes they were led to believe could give them Kardashian's curves or the slim physique of the middle-age Montana.
"Unfortunately, for the millions of people who bought Skechers toning shoes, the only thing that got a workout was their wallet," said David Vladeck, director of the FTC's Bureau of Consumer Protection.
