Nike and Apple have agreed to settle a class-action lawsuit involving the Nike+ FuelBand, an activity tracker worn on the wrist.
As part of a class action settlement, Nike has agreed to pay buyers either a $25 gift card or a $15 payment.
Each class member who submits a valid claim within the specified time may select between the monetary payment or the gift card. The card is freely transferable and does not expire.
The lawsuit, which was brought in 2013, alleged that Nike and Apple misled consumers about the accuracy of the device.
The companies are also alleged of making false claims on the Nike+ FuelBand’s ability to accurately track calories, steps, and NikeFuel, as well as on breaches of the warranty terms of the wristband.
Both Nike and Apple denied the claims in the suit and said they did nothing wrong or illegal.
In 2006, Nike and Apple have launched Nike+iPod Sport Kit, a wireless system that links Nike footwear to the iPod nano.
The kit includes an in-shoe sensor and a receiver that attaches to an iPod.