Skechers (SKX +0.1%) settles a case with the FTC related to Shape-Ups, agreeing to pay a $40M...

|About: Skechers USA Inc. (SKX)|By:, SA News Editor

Skechers (SKX +0.1%) settles a case with the FTC related to Shape-Ups, agreeing to pay a $40M fine. The agency says the company falsely advertised the benefits of its toning shoes.