New Balance Shoe Customers End Suit Over ‘Made in USA’ Claims

New Balance Athletics Inc. and a group of customers, who alleged the company deceptively marketed certain shoe models as “Made in the USA” when up to 30% of their components are produced outside of the US, have agreed to settle their suit.

Plaintiff Matthew Cristostomo brought a proposed class action against the sneaker company for charging a premium on US-made sneakers that didn’t satisfy Federal Trade Commission regulations which require products marketed as “Made in the USA” to be made “all or virtually all” in the United States.

Cristostomo—along with four other named plaintiffs—agreed to dismiss the suit with prejudice ...