ND gets about $71,000 in Skechers USA settlement
BISMARCK, N.D. (AP) -- The North Dakota attorney general's office says the state's share of a multistate settlement with the Skechers USA Inc. footwear company is nearly $71,000.
Skechers will pay $40 million in customer refunds to settle charges by the Federal Trade Commission that it made unfounded claims about the benefits of its shoes. The company also will give $5 million to the states for costs associated with the multistate investigation.
The settlement was announced Wednesday. Skechers does not admit to any wrongdoing.