COSTCO 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors with Losses in Excess of $100,000...
January 06 2019 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have only until January 7, 2019 to file
lead plaintiff applications in a securities class action lawsuit
against Costco Wholesale Corporation (NasdaqGS: COST). Investor
losses must relate to purchases of the Company’s shares between
June 6, 2018 and October 25, 2018. This action is pending in the
United States District Court for the Western District of
Washington.
Get Help
Costco investors should visit us at
https://www.claimsfiler.com/cases/view-costco-wholesale-corporation-securities-litigation
or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti,
LLC are available to discuss your legal options.
About the Lawsuit
On October 26, 2018, Costco announced its financial results for
Q4 and FYE September 2, 2018, disclosing that it had “identified a
material weakness in internal control related to ineffective
information technology general controls… that support the Company’s
financial reporting processes” and as a result, it had concluded
that “the Company’s internal control over financial reporting was
not effective.” On this news, the price of Costco’s shares
plummeted.
The case is Johnson v. Costco Wholesale Corporation,
18-cv-01611.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. At
ClaimsFiler.com, investors can: (1) register for free to gain
access to information and settlement websites for various
securities class action cases so they can timely submit their own
claims; (2) upload their portfolio transactional data to be
notified about relevant securities cases in which they may have a
financial interest; and (3) submit inquiries to the Kahn Swick
& Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190106005041/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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