Skechers to offer $40 million in refunds as part of shoe settlement

Indianapolis, Ind. (WANE) - Indiana's Attorney General Greg Zoeller announced Wednesday a settlement between Indiana, the Federal Trade Commission, over 40 states and Skechers.

As much as $40 million will be dedicated to refunds for those who bought any of Skecher's rocker-bottom shoes including Shape-ups, Tone-ups and the Skechers Resistance Runner. Skechers will pay another $5 million to be divvied up between the 43 states and the District of Columbia. Indiana will receive $105,691 of that money which will go towards the Consumer Protection Fund.

The settlement also prohibits Skechers from making any health-related claims unless it has adequate support for those claims. However, Zoeller said that Skechers denies any wrongdoing with regards to the original claims of heath benefits.

“Today’s settlement agreement is important because it addresses concerns about the advertised benefits of wearing Skechers’ rocker-bottom product line of shoes,” Zoeller said. “Consumers ultimately pay the price for buying into companies’ misleading claims. That’s why this agreement provides for restitution to Skechers’ customers and some payments to the states."

For information on how to receive a refund go to www.ftc.gov/Skechers or call 866-325-4186.

To file a complaint about any consumer matter or advertising claims visit www.indianaconsumer.com .