According to my contact who used to work for LC said that they developed that color and name. Now they could have stole the color scheme from Rapala and changed it slightly. Now everyone has a Chart. Shad color or something similar to it as well as Ghost Minnow...

Now we are seeing the same thing with Sexy Shad. Bandit, Norman (which looks the best so far) and LC all copied it. I think its cool that LC did it because they have been getting knocked off for a while. I have yet to catch fish on the Sexy Shad color. I'm sure it will happen eventually.