LOUISVILLE, Ky. - A Kentucky federal judge on May 13 granted final approval of a $45 million settlement to be paid by Skechers U.S.A. Inc. to end multidistrict litigation alleging that the company's "toning" footwear was falsely advertised to improve posture, promote weight loss, strengthen the back, improve blood circulation, promote sleep, reduce stress and burn calories (In Re: Skechers Toning Shoe Products Liability Litigation, No. 11-2308, W.D. Ky.; 2013 U.S. Dist. LEXIS 67441...(read more)
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