Total Apparel Group (fka TLAG)

[NavyGirl]

Its been known for quite a while that the shoes don't do what they say they should. In fact NIKE had put out several statements on this last year:

http://www.reuters.com/article/2010/03/01/us-footwear-toning-analysis-idUSTRE6202AI20100301

http://www.physiquespeak.com/2010/06/07/nike-vp-calls-out-butt-toning-shoes-thank-you/

http://www.adweek.com/adfreak/nike-says-butt-toning-shoes-are-full-crap-12397

I don't think the lawsuit is well known, and will probably be settled out of court.
So to answer your question, no, I don't think the article has anything to do with the stock price.

In any case, TLAG is not doing anything with the shoes, they are doing watches.

The problem here is that this is a pink stock and traders are only interested in the news of the moment. Used to be that you could see an awesome run on a pink stock. Now you get very little because people flip so quickly. That, in my opinion, is exactly what is happening to this stock. It ran up and people flipped and moved on.