Vibram To Pay Out $3.75 Million In Settlement Over False Health Claims

five-fingers-2

The company that makes those glove looking running shoes has settled a class action lawsuit, which claimed the shoes cause health problems despite advertising that it doesn’t.

Vibram has agreed to pay out US$3.75 million to customers who own the shoes, meaning those who bought them after them March 2009 could be eligible for up to $94 refund from the company. Most of the company’s FiveFinger models will be eligible for a refund if the U.S. District Court approves the settlement, which was filed last week.

Vibram claimed the shoes help strengthen muscles in wearers’ feet and prevent injury, claims the company could not back up. Still, the company stands by their shoes and assert they agreed to a settlement to avoid expensive costs associated with prolonged legal battles.

FiveFingers were popular with a huge expansion of minimalist running shoe sales only a few years ago, but sales have again dropped off along with the market for minimalist shoes.

Sharing is healthy!

  • Facebook
  • Twitter
  • Google Plus
  • Reddit
  • StumbleUpon
  • Delicious
  • Email
  • Add to favorites
  • RSS
  • Pinterest

Comments

comments

Pinterest