News Summary: Ab device firms paying up to $25M
DEAL ON ADS FOR ABS DEVICE: Companies marketing the Ab Circle Pro exercise device have agreed to pay as much as $25 million in refunds to customers to settle federal regulators' charges of deceptive advertising.
LOSE 10 POUNDS IN 2 WEEKS!: The Federal Trade Commission says it was deceptive to promise that people could lose 10 pounds in two weeks by using the abdominal exercise device for just three minutes a day. TV infomercials touted the fiberglass disk with handlebars and knee rests selling for $200 to $250.
THE MESSAGE: Consumers should carefully evaluate advertising claims for weight-loss products, the FTC says.