The bandmates -- Niall Horan, Zayn Malik, Liam Payne, Harry Styles and Louis Tomlinson -- had turned down a substantial amount of money to licence and brand their own condoms.
The US company has used the band's references to sell the products.
`The boys heard about the condoms and found them hilarious. They even joked about buying a few packets for a laugh. But their management team aren't seeing the funny side," dailystar.co.uk quoted a source as saying.
`They are considering bringing in lawyers to stop them from shamefully exploiting the band to sell condoms. It's only a small US online firm so management weren't too concerned at first but they are still worried the range damages the group's image.
`What makes it worse is One Direction have turned down various big-bucks offers to bring out their own official range. So, they aren't happy someone else is cashing in on their sex-symbol status," added the source.