Detailed text transcripts for TV channel - KGO - 20120517:09:15:00
In fact, the ftc found shape-up wearers actually gained weight. and the company didn't just depend on celebrities. its ads quoted an independent study by a california chiropractor. turns out that chiropractor wasn't so independent. he's married to a skechers executive. in a statement, the company denied its ads were misleading but says it agreed to a settlement to avoid an expensive legal battle. it's not clear how much money each customer will get, but what is clear is that the $40 million settlement isn't likely to put skechers out of business. they are the leaders in a billion-dollar-a-year...