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US: Skechers' $40m toning shoes settlement approved

2013-05-14 16:37:18| Daily apparel & textile news and comment - from just-style.com

A federal judge has approved a $40m settlement that will see footwear firm Skechers USA pay customer refunds to resolve what are described as "unfounded" advertising claims that its toning shoes would help wearers improve their fitness and lose weight.

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Judge OKs $40 million class-action settlement over Skechers

2013-05-13 23:00:59| Footwear - Topix.net

A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc.

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Judge OKs $40 million class-action settlement over Skechers

2013-05-13 22:41:38| Apparel - Topix.net

A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc.

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Skechers USA Upgraded to "Buy" by BB&T

2013-05-13 07:27:24| Footwear - Topix.net

The firm currently has a $27.00 target price on the stock. Shares of Skechers USA traded up 2.62% during mid-day trading on Monday, hitting $21.93. Skechers USA has a one year low of $15.18 and a one year high of $23.00. The stock's 50-day moving average is currently $21.40. The company has a market cap of $1.110 billion and a P/E ratio of 112.47.

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Notable Gainers: VirnetX Holding Corporation, Skechers USA Inc,...

2013-04-24 06:11:10| Footwear - Topix.net

ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:- VirnetX Holding Corporation moved up 3.93% and closed at $19.55 on a traded volume of 1.14 million shares.VirnetX Holding Corporation announced that on April 22, 2013, ... (more)

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