Lauren agreed to add a second polo pony to each sock it manufactures in the future

Under the terms of the settlement, Lauren agreed to add a second polo pony to each sock it manufactures in the future.  “We are pleased that the company has agreed to settle instead of making us subject the plaintiffs to further ridicule in the court of public opinion,” said lead counsel Norbert Gowell.  Each Ralph Lauren customer who purchased socks during the five-year “look-back” period beginning in 2006 will receive a coupon worth $1.25 which can be applied to the purchase price of an additional pair.  A team of six law firms will divide $13 million in legal fees, but Gowell said that amount wasn’t excessive.  “Remember,” he cautioned reporters, “we don’t get sock coupons.”