Wednesday, May 16, 2012

In the News: Own Sketchers' Shape-ups? You May Be Entitled to a Refund

Ads for Sketchers' Shape-ups shoes, which retail for about $100, claim that the footwear can help you to lose weight and strengthen your butt, leg and stomach muscles. But, the Federal Trade Commission says that's not true.

The company will pay a $40 million settlement, and consumers who purchased the fitness shoes will be eligible for a refund, although it's not yet clear how much they will receive.

The settlement also applies to Sketchers' Resistance Runner, Toners and Tone-ups shoes.

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