New Balance’s ‘Made In USA’ California Class Settlement Granted Final Approval

Mealey's (August 14, 2019, 2:40 PM EDT) -- SAN DIEGO — A settlement agreement under which New Balance Athletics Inc. will pay $750,000 into a nonreversionary escrow fund and an additional $650,000 for attorney fees to end a class complaint that the shoe maker overcharged consumers and violated California’s unfair competition law (UCL) and other California laws by advertising certain shoes as “made in USA” when a significant portion of the shoes comprised materials and labor from abroad was granted final approval on July 29 by a federal judge in California (Sheila Dashnaw, et al. v. New Balance Athletics, Inc., No. 17-159, S.D. Calif., 2019 U.S. Dist. LEXIS 126183)....