Thursday, May 8, 2014

Vibram will deposit $3.75 million into an escrow account and those funds will be distributed to those valid class members who purchased a pair of Vibram FiveFingers between March 21, 2009 and the date of the first dissemination of summary settlement notice or class notice, whichever is earlier.

There's a rock band called Five Fingers Death Punch and this news may fit that bill. Vibram will deposit $3.75 million into an escrow account and those funds will be distributed to those valid class members who purchased a pair of Vibram FiveFingers between March 21, 2009 and the date of the first dissemination of summary settlement notice or class notice, whichever is earlier according to a Runner's World Report. I had joked about selling the minimalist trend short and this most certainly will take some steam off the minimalist running shoe surge. I think strider drills and their use have a place but the Vibram Five Finger was over-hyped and now they are paying the price.

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