Navigation Links
$40 Million Class-Action Skechers Lawsuit Settlement Approved by Federal Judge, Reports Wright & Schulte LLC
Date:5/14/2013

Columbus, OH (PRWEB) May 15, 2013

Federal Judge Thomas B. Russell of Louisville has just approved a deal that will grant a $40 million settlement to hundreds of thousands of consumers in a class-action Skechers lawsuit that consolidated more than 70 Skechers lawsuits throughout the U.S. Consumers involved in this case are eligible to receive a full refund for the purchase of their Shape-Ups (up to $80), their Resistance Runner shoes (up to $84), their Podded Sole shoes (up to $54) and their Tone-Ups (up to $40) as part of this Skechers lawsuit settlement.

While the two primary plaintiffs in this case will each be awarded $2,500, the attorneys representing the consumers have been awarded a total of $5 million to split, which will not come out of the $40 million awarded to consumers. The judge also ordered that any money remaining after all consumers in this Skechers lawsuit have been compensated will go to the FTC. The judge’s approval of the $40 million settlement in this class-action Skechers lawsuit has been handed down just about one year after Skechers and the plaintiffs had initially agreed upon it.
[bigstory.ap.org/article/judge-oks-class-action-
settlement-over-skechers May 2013]
[washingtonpost.com/business/judge-oks-40m-class-
action-settlement-over-skechers-shoes-ads-claimed-
they-aided-weight-loss/2013/05/13/685e6fec-
bbf6-11e2-b537-ab47f0325f7c_story.html May 2013]

Wright & Schulte, LLC is dedicated in defending the rights of those who have suffered severe injuries after using defective or dangerous products. We welcome individuals who think that they have been injured due to these toning shoes to speak to our Skechers lawyers by visiting yourlegalhelp.com or by calling 1-800-399-0795.

Although Skechers has denied allegations that it falsely advertised the health benefits of its toning shoes, representatives for the company have stated that Skechers ultimately decided to settle to preclude the possibility of having to a endure long, expensive trial in this class action Skechers lawsuit. In fact, when the Skechers $40 million settlement was first reached in May 2012, Skechers' chief financial officer, David Weinberg, stated that, “while we vigorously deny the allegations made in these legal proceedings and looked forward to vindicating these claims in court, Skechers could not ignore the exorbitant cost and endless distraction of several years spent defending multiple lawsuits in multiple courts across the country.” [abcnews.go.com/Business/skechers-pay-40-million-toning-shoe-claims/story?id=16359254#.UZJCRbWG3zw May 2012]

Alleged Deceptive Advertising Regarding Skechers Toning Shoe Benefits
At the heart of this recently settled class-action Skechers lawsuit was the alleged claim that Skechers intentionally misled consumers in advertising for its toning shoes by claiming that these shoes provided health benefits that had not been substantiated by scientific evidence. While television ads used star power to claim that Skechers toning shoes could help users lose weight without going to the gym, other marketing materials for the Skechers toning shoes claimed that they could improve posture, strengthen the back, firm and tone leg and buttocks muscles, improve circulation, tighten abdominal muscles, and reduce knee joint stress.

However, an independent study conducted by the American Council on Exercise (ACE) and first published in June 2010 found that, “there is simply no evidence to support the claims that these shoes will help wearers exercise more intensely, burn more calories or improve muscle strength and tone.” [acefitness.org/getfit/studies/toningshoes072010.pdf June 2010]

The approval comes a year after Manhattan Beach, Calif.-based Skechers reached a deal with the Federal Trade Commission over the ads. The settlement covers more than 70 lawsuits from across the country. The lawsuits were consolidated in federal court in Louisville. Skechers denied the allegations but said it settled to avoid long litigation.
[washingtonpost.com/business/judge-oks-40m-class-action-settlement-over-skechers-shoes-ads-claimed-they-aided-weight-loss/2013/05/13/685e6fec-bbf6-11e2-b537-ab47f0325f7c_story.html May 2013 ]

According to the director of the FTC’s Bureau of Consumer Protection, “the FTC's message, for Skechers and other national advertisers, is to shape up your substantiation or tone down your claims.” [abcnews.go.com/Business/skechers-pay-40-million-toning-shoe-claims/story?id=16359254" \l ".UZJCRbWG3zw May 2012]

About Wright & Schulte LLC
Wright & Schulte LLC, an experienced personal injury firm, is dedicated to the belief that America’s legal system should work for the people. If you’re looking for a law firm that will guarantee the aggressive and personal representation you deserve, please do not hesitate to contact Wright & Schulte LLC today. Free Skechers lawsuit case evaluations are available through yourlegalhelp.com or by calling 1-800-399-0795.

Contact:
Wright & Schulte LLC
812 East National Road
Vandalia, Ohio 45377
1-800-399-0795
http://www.yourlegalhelp.com

Read the full story at http://www.prweb.com/releases/2013/5/prweb10732730.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Automated External Defibrillator Market to Reach $930 Million by 2017 - New Report by MarketsandMarkets
2. The Blue Buffalo Co. & Petco Pledge to Raise $1.5 Million During Pet Cancer Awareness Month in May
3. Polyols Market Is Poised to Grow at CAGR Of 7.5% & to Reach $22,402.1 Million By 2017 - New Report by MarketsandMarkets
4. Golf Tournament at The Bear’s Club Raises $1.3 Million for South Florida Foundation
5. New Century Coal Signs Option Adding Over 5 Million Tons; Set to Become Industry Reserve Leaders
6. Technology Now Proven To Save Taxpayers Millions Per Year
7. Corner Store Raises $2.3 Million for MDA Shamrocks Program
8. Study finds nearly 5 million asthmatics worldwide could benefit from antifungal therapy
9. Active Pharmaceutical Ingredients (API) Market in Europe Will Reach $38,255.67 Million By 2017- Pricing and Reimbursement Initiatives Supporting Generic Drug Growth
10. Mother’s Day 2013 Revelation: People Reviewed Over 3.7 Million Ecards for Darling Moms, Last Year at 123Greetings.com
11. Europe Seed Treatment Market to Reach $633.2 Million by 2018 at a CAGR of 9.7% - New Report by MarketsandMarkets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... STAMFORD, CONNECTICUT (PRWEB) , ... April 29, 2016 , ... ... 5K Run/Walk” at Cove Island Park on Sunday, with sunny skies, a light breeze ... event, raising nearly $33,000. , The 5k Run and Walk and 1-mile ...
(Date:4/29/2016)... Philadelphia, PA (PRWEB) , ... April 29, 2016 ... ... Pennsylvania announced that student team BioCellection won the $30,000 Perlman Grand Prize of ... Impact Prize, the Gloeckner Undergraduate Award, the Michelson People’s Choice Award, and the ...
(Date:4/29/2016)... ... ... is the deadliest type of skin cancer. Although only about 1 percent of skin cancer ... than 10,000 people are expected to die of melanoma this year. The risk increases with ... the most commonly diagnosed cancers in young women. A recent breakthrough in genetic studies may ...
(Date:4/29/2016)... ... April 29, 2016 , ... For those who skip ... meal to miss. That was among the many new lifestyle diet tips offered by ... Sharon Kleyne Hour® Power of Water® radio show. Bonny and Lawrence noted that because ...
(Date:4/29/2016)... ... April 29, 2016 , ... CURE Media Group , ... with cancer, today announced that Lynne Malestic, RN, of Eisenhower Lucy Curci Cancer ... Healer® for Oncology Nursing , which honors nurses who have dedicated their careers ...
Breaking Medicine News(10 mins):
(Date:4/29/2016)... 2016 Interview ... Sanofi, leader mondial et diversifié ... pour le premier trimestre 2016. Le ... commente les résultats du premier trimestre ... le reste de l,année. ...
(Date:4/28/2016)... , April 28, 2016  While Abbott,s ... complement the company,s valve repair and stent business, ... also places Abbott more firmly into patient monitoring.  ... the fastest growing device areas, with double-digit growth ... recent report,  Advanced Remote Patient Monitoring ...
(Date:4/28/2016)... , April 28, 2016  The blood testing ... million dollars, according to Kalorama Information and The Freedonia ... immunoassays and nucleic acid testing.  The healthcare research firm ... progress in developing blood collection stations and in improving ... in Kalorama Information,s report, Blood Testing Market ...
Breaking Medicine Technology: