class action lawsuit

By Heather Mack 04:33 pm October 31, 2016
A California federal judge will hear out allegations that Fitbit’s heart rate monitoring technology is inaccurate – which have warranted class action suits both for potential danger to users and misrepresentation to investors. Last week, judge Susan Illston denied the fitness wearable company’s request to dismiss the allegations of a federal securities class action, which claim Fitbit was...
By Aditi Pai 08:54 am July 27, 2015
Nike and Apple have agreed to settle a class action lawsuit, first filed two years ago, that claimed the companies made misleading statements about the Nike+ FuelBand's ability to track calories, steps, and NikeFuel. The lawsuit also argued that there was a failure to honor the warranty terms for Nike+ FuelBand. Nike and Apple deny these allegations, but according to the settlement, in order to...
By Jonah Comstock 08:08 am May 13, 2015
Updated below with statement from Fitbit. A California man has filed a class action suit against Fitbit, alleging that the company's sleep tracking is inaccurate and constitutes false advertising. The timing of the suit, just days after the announcement of Fitbit's plans for an IPO, is suspect, but the premise of the case is important. James Brickman, who bought a Fitbit Flex in 2013, doesn't...