(Photo: AP / Richard Drew)
Nike Inc. and Apple Inc. have agreed to settle a class-action lawsuit brought by consumers regarding the efficacy of the Nike+ FuelBand, and will offer partial refunds to people who bought the fitness-tracking device.
The lawsuit had alleged the companies misled consumers about the accuracy of the device, which is worn like a wristwatch and retails for about $149. Consumers who purchased the fitness tracker between Jan. 19, 2012, and June 17, 2015, are eligible for a partial refund of either $15 or a $25 Nike gift card, according to a website for the settlement, NikeFuelBandSettlement.com.
The suit, which was first brought against Nike and Apple in 2013, alleged that “false and/or misleading statements were made regarding the Nike+ FuelBand’s ability to accurately track steps [and] calories,” among other claims, according to the settlement.
The original article can be found at www.wsj.com