It was reported last month that a $40 million settlement has been reached in a consumer fraud class action lawsuit pending against toning shoe manufacturer Skechers U.S.A. The lawsuit, Grabowski v. Skechers U.S.A., Inc., involves claims that Skechers violated certain state laws and consumer protection statutes in connection with the marketing and sale of its toning shoes.

Potential class members include persons who purchased eligible Skechers toning shoes from August 1, 2008, until and including August 13, 2012, in the United States. It was reported that upon preliminary review, the Court found that the proposed settlement agreement was fair, reasonable and adequate. Claims will not be paid, however, until the settlement is given final approval by the Court. A fairness hearing will determine that.

Source: Bigclassaction.com

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