FTC Settles with Reebok for $25 Million

The FTC smacked Reebok with a massive $25 million settlement. Some interesting notes: Consumers don’t need to provide proof of purchase to get a refund under $200. The settlement fund is available to class action plaintiffs under certain circumstances. Be sure and read the final order for the claim substantiation standards the FTC requires Reebok to meet going forward. http://www.ftc.gov/os/caselist/1023070/110928reebokorder.pdf

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