Categories: Business

FIGS faces court docket battle over advertising and marketing claims (NYSE:FIGS)

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Opening arguments in a case towards medical attire producer FIGS Inc. (NYSE:FIGS) started this week.

The case introduced by Strategic Companions, the dad or mum of Cherokee Uniforms and Dickies Medical amongst different medical manufacturers, has been brewing since 2019. This week, the allegations of deceptive advertising and marketing, can be given a listening to and a response from the corporate within the US District Court docket for the Central District of California.

FIGS rejected the claims in feedback supplied to SeekingAlpha by an organization spokesperson.

“First, on the efficiency claims about our merchandise, FIGS’ advertising and marketing is correct. For instance, SPI claims that FIGS’ scrubs are usually not antimicrobial, however they’re,” the corporate stated. “FIGS scrubs are handled with a well known antimicrobial remedy referred to as Silvadur. Silvadur’s web site explains in nice element how its antimicrobial remedy works. And as we shared with the court docket, FIGS has check stories throughout all our cloth manufacturing exhibiting that our cloth lowered floor micro organism by 99% by way of the impartial commonplace AATCC TM-100 check technique.”

The claims being contested additionally figured right into a current quick report from Spruce Level.

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