Sorry, this deal has expired. Get notified of deals like this in the future. Add Deal Alert for this Item
Deal
Score
+68
84,777 Views
Get Deal

Deal Details

Last Edited by cricket702 May 28, 2014 at 02:44 PM
For those who have purchased the Vibram Five Fingers footwear can take part in the settlement here:

www.fivefingerssettlement.com
Share
If you purchase something through a post on our site, Slickdeals may get a small share of the sale.

Check Out Similar Clothing, Shoes & Accessories Deals

About the OP
Give Rep Send Message
Joined Dec 2013 L5: Journeyman
328 Reputation Points
7 Deals Posted
57 Votes Submitted
522 Comments Posted

Community Wiki

285 Comments

1 2 3 4 5

Sign up for a Slickdeals account to remove this ad.

#2
From the site:
The settlement provides that Vibram will create a Settlement Fund of $3.75 million USD. This Settlement Fund will be used to resolve all approved Claims submitted through the Claim Process. The Settlement Fund is subject to certain Terms, requirements, and deductions, as described in Questions 9 and 12 of the “Notice of Class Action, Proposed Settlement, And Fairness Hearing.” As part of the Settlement, Vibram has also agreed to certain changes in its marketing campaigns. Notice and administration costs, as well as Plaintiffs’ Counsel’s attorneys’ fees and costs and any Service Award(s) to the Plaintiffs will also be paid from the $3.75 million Settlement Fund.

The relief to be provided to eligible Class Members for each pair of FiveFingers footwear purchased shall be paid on a pro rata basis from the balance of the Settlement Fund, after certain enumerated deductions, costs and expenses. Based on experience from other similar settlements of class actions, it is reasonable to expect that Class Members may receive a payment in the range of $20 to $50 per pair, which could increase (up to the approximate average retail price of $94) or decrease depending on various factors, including the number of valid claims.
Reply Helpful Comment? 0 0
#3
Couldn't help but laugh at this. Gimmick product comes on market; seller makes claims about it that even basic common sense screams cannot possibly be true; people buy anyway, find out that product cannot do what no rational person could responsibly expect it to do, cry injustice and call a lawyer.

Given the mentality of the obvious target market for this product, this suit had to figure into their business plan from the very beginning, something along the lines of we'll rake in $10 million excess profit from the suckers who buy into our laughable claims, give back less than half in litigation, pocket $5+ million.
Reply Helpful Comment? 0 0
Joined Jul 2006
Master of My Domain
2,460 Posts
2,868 Reputation
#4
Who really wins in these lawsuits?


Lead Class Counsel have prosecuted this case on a completely contingent basis and have not been paid anything to date for their services. Lead Class Counsel will ask the Court to award attorneys’ fees not to exceed 25% of the Settlement Fund, or $937,500, plus out-of-pocket expenses incurred not to exceed $70,000. These amounts will be paid by Vibram from the Settlement Fund
Reply Helpful Comment? 0 0
#5
I own Vibram's and I have no idea why they're being sued. I had no issues with mine.
Reply Helpful Comment? 0 0
#6
I love Vibram, They are great shoes and perfect for leg day at the gym. I am ashamed some sickos would pray on a small company's like this. Look at McDonalds someone was served chicken feet at one point!
Reply Helpful Comment? 0 0
Joined Dec 2013
L5: Journeyman
522 Posts
328 Reputation
Original Poster
#7
Quote from SlikRick View Post :
I own Vibram's and I have no idea why they're being sued. I had no issues with mine.
It is because people are stupid and went out running causing foot problems because "barefoot" running causes stress and uses different muscles in the feet if they aren't used to it. Normal shoes have extra protection and support that these shoes do not have. People basically have to break their own feet in, they aren't supposed to make a complete change overnight. It needs to be a gradual and long term switchover from normal shoes for running.

There was also some unscientific claims sporting that they would improve posture, among other things.
Reply Helpful Comment? 0 0
Last edited by MarkM3601 May 28, 2014 at 08:58 AM
#8
I will not be participating in this farce. Five fingers are good shoes as long as you know what the hell you are doing. I have three pairs and use them for even long runs when I have built up enough tolerance for them. Good company. This lawsuit is a joke!
Reply Helpful Comment? 0 0

Sign up for a Slickdeals account to remove this ad.

#9
I feel so bad for Vibram because I LOVE mine, and have never had any issues with them. Ironically, I STOPPED getting shin splints after I started running with my KSOs.
Reply Helpful Comment? 0 0
#10
can just anyone file a claim even if you have not purchased it?
Reply Helpful Comment? 0 0
#11
Quote from MarkM3601 View Post :
It is because people are stupid and went out running causing foot problems because "barefoot" running causes stress and uses different muscles in the feet if they aren't used to it. Normal shoes have extra protection and support that these shoes do not have. People basically have to break their own feet in, they aren't supposed to make a complete change overnight. It needs to be a gradual and long term switchover from normal shoes for running.
I own a pair as well and I love them! It was definitely painful starting out with them. My calves were the sorest. But I basically wore them every other time in order to slowly break in my feet and legs.
Reply Helpful Comment? 0 0
#12
Quote from ascotnot View Post :
Given the mentality of the obvious target market for this product, this suit had to figure into their business plan from the very beginning, something along the lines of we'll rake in $10 million excess profit from the suckers who buy into our laughable claims, give back less than half in litigation, pocket $5+ million.
Said the walrus from its couch.

Barefoot walking, running, and lifting cured my flat feet and improved my strength and agility. These shoes are amazing if you ease into them. It is sad that sad and entitled Americans would rather be sold placebos with no hard and fast claims than take responsibility.
Reply Helpful Comment? 0 0
#13
This is a bummer. I hope this settlement doesn't stop Vibram from making Five-Fingers. I'm on my third pair and love them. Made me way lighter on my feet. If I wasn't bothered and gawked at every time I wear them in public, I'd only wear Five-Fingers.
Reply Helpful Comment? 0 0
#14
Quote from vishwa27 View Post :
can just anyone file a claim even if you have not purchased it?
Yes, anyone can commit fraud.
Reply Helpful Comment? 0 0
#15
The whole concept thst five fingers is a gimmick is wrong, put a pair on and just walk I. them for a few days and you'll feel the difference. The suit was based upon the "claims" made by Vibram and not the actual functionality. Vibram over sold the shoes abilities and someone decided to sue cause they weren't happy with thier personal results. in the end they Vibram settled and now all of us who bought VFF's can get some money back..

I have 6 pairs of these, all bought at discounted prices from 6PM.COM and I will file for each and every pair, and then buy more VFF'S with my settlement money. I love the way my legs and feet feel in these and I cant run due to a knee issue. I wear them 90% of the time in the spring thru fall, and they are the best option for my feet/legs. I used to wear Nike Free running shoes or other minimal shoes so that I could have the least restriction to my foot movement. Just feel better overall walking, hiking, ect in shoes that move with your feet, and that isnt a gimmick.
Reply Helpful Comment? 0 0
Page 1 of 20
1 2 3 4 5
Join the Conversation
Add a Comment
 
Copyright 1999 - 2016. Slickdeals, LLC. All Rights Reserved. Copyright / Infringement Policy  •  Privacy Policy  •  Terms of Service  •  Acceptable Use Policy (Rules)  •  Interest-Based Ads
Link Copied to Clipboard