A class-action lawsuit settlement involving some Skechers footwear has gotten final approval and customers who filed a claim should get refunds soon.
The company was accused of misleading customers by claiming its Shape-ups shoes would help wearers lose weight.
The Federal Trade Commission proposed fining Skechers $40-million for making “unfounded claims that Shape-ups would help people lose weight, and strengthen and tone their buttocks, legs and abdominal muscles.”
Resistance Runner, Toners and Tone-up shoes were also part of the class action.
The $40-million will go toward payment of claims filed in the class action. The settlement also bars Skechers from misrepresenting benefits of using toning shoes.
The final approval of the settlement comes nearly a month after the April 18, 2013 deadline to file a claim in the class-action.
In an online statement, the company said, “It will likely be late summer before checks are issued.”