Power Balance brand has to pay Shaq and Lamar Odom $275K
Remember when everybody (particularly men) were wearing these bracelets that were supposed to give you increased power, balance and strength? Yeah, I know it seems laughable, but ALOT of people, particularly professional athletes, believed the notion and bought bracelets. Lamar Odom was so swayed by the idea that he invested in the company and Shaq became a spokesman. Well, it turns out the scientific claims are not true. Go figure!
The company Power Balance has gone belly up and they now have to pay Shaw and Lamar Odom $275 in damages. According to TMZ:
Shaq originally demanded $308,961 and Lamar $133,870 — but according to new court docs, they both agreed to take a little less after settlement negotiations … Shaq got $200,310 and Lamar $87,015.
It seems Power Balance is involved in a $57 million class action lawsuit because of their false claims and Shaq and Lamar Odom are just the tip of the iceberg in terms of people duped by the claims.
C’mon now–a bracelet with super powers? Really? I can’t believe people really fell for that.
On second thought…yes I can.
What do you think?
Your Jersey Girlfriend,