Costco Settled a $2 Million Class Action Lawsuit — Here's Who's Eligible to Make a Claim for Cash

Jul 03, 2024 04:16 AM - 4 months ago 47896

Costco mightiness beryllium you money.

As portion of a class action lawsuit, Costco has been ordered to salary $2 cardinal to customers who purchased Kirkland Signature Moist Flushable Wipes betwixt July 1, 2011, and May 31, 2017.

The suit says nan retailer claimed nan wipes were flushable but nan merchandise allegedly caused "damage to pipes, septic systems, sewage lines and different plumbing."

Related: Costco's New CFO Reveals Fate of $1.50 Hotdog-Soda Combo Amid 'Media Speculation' and Soaring Earnings

The colony states nan consumers wouldn't person bought nan wipes successful nan first spot if they knew that they weren't flushable.

"Costco denies this allegation and maintains that nan Product performs arsenic advertised," nan institution said successful nan settlement.

Costco did not instantly remark connected nan lawsuit.

Those who judge they're entitled to money tin claim up to $1.30 cashback from each purchased merchandise for a minimum of $7.50 and a maximum of $55.90 (by claiming up to 43 products).

The colony does not require people action members to show impervious of purchase, and affected customers person until August 9 to declare their share.

Customers tin taxable their claims either online aliases via mail.

Related: Costco May Stop Selling Books Year-Round. Here's Why.

The storage concatenation reported beardown fiscal Q3 2024 net pinch nett income of $57.39 billion, which was a 9.1% summation from nan aforesaid clip past year.

Costco was up complete 58% twelvemonth complete twelvemonth arsenic of Monday afternoon.

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