Toning Shoe Maker Wins Nod For $5.3M False Ad Settlement

Law360, New York (December 20, 2013, 4:05 PM EST) -- A California federal judge signed off Thursday on footwear manufacturer FitFlop USA LLP's $5.3 million settlement with a class of shoe purchasers accusing the company of advertising that its toning shoes strengthened leg muscles and had other health benefits they couldn't provide.

Judge Thomas J. Whelan preliminarily approved the deal calling for FitFlop to reimburse any purchaser of FitFlop shoes from 2007 until the date of the class notice for at least two pairs of shoes per customer.

“The court has conducted a preliminary assessment of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.