'Shape-ups' shoemaker fined $40 million; FTC cites bogus fitness claims

 For overweight Americans, and those looking for a healthier lifestyle, the claim was almost too good to be true -- wear Skechers Shape-ups footwear and watch the pounds melt away. At a news conference Wednesday, the Federal Trade Commission said the shoemaker's claims weren't true and alleged Skechers violated federal law by misleading consumers.

CNN Wire

May 16, 2012