COSTCO WHOLESALE: Seeks Court Nod for Derivative Suit Settlement

Three shareholder derivative lawsuits have been filed, ostensibly on behalf of the Company, against certain of its current and former officers and directors, relating to the Company’s stock option grants.

One suit, Sandra Donnelly v. James Sinegal, et al., Case No.…

COSTCO WHOLESALE: Response to Pirelli Dereivative Suit Pending

Costco Wholesale Corp. disclosed in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the defendants in the action styled Pirelli Armstrong Tire Corp. Retiree Medical Benefits Trust v. James Sinegal, et al., Case…

COSTCO WHOLESALE: Product Handling Probe Still Ongoing in Calif.

Costco Wholesale Corp. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it continues to cooperate with the U.S. Attorney’s Office for the Central District of California in its inquiry into…

COSTCO WHOLESALE: Donnelly Suit Dismissed in Washington in April

Costco Wholesale Corp. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that on April 3, 2009, the Washington state court dismissed the action styled Sandra Donnelly v. James Sinegal, et al.,…

COSTCO WHOLESALE: Pirelli Derivative Suit Stayed Until June 1

Costco Wholesale Corp. disclosed in its Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the action styled Pirelli Armstrong Tire Corp. Retiree Medical Benefits Trust v. James Sinegal, et al., Case No. 2:08-cv-01450- TSZ…

COSTCO WHOLESALE: Merchandise-Handling Probe Ongoing in Calif.

Costco Wholesale Corp. disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it continues to cooperate with the U.S. Attorney’s Office for the Central District of California in its inquiry into…

COSTCO WHOLESALE: Court Stays Donnelly Derivative Suit in Wash.

The King County Superior Court in Washington has granted the defendants’ motion to stay the shareholder derivative lawsuit filed by Sandra Donnelly against certain of Costco Wholesale Corporation’s current and former officers and directors, until at least June 1, 2009,…

COSTCO WHOLESALE: Calif. USAO Has Probe on Product Handling

Costco Wholesale Corporation disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that it continues to cooperate with the U.S. Attorney’s Office for the Central District of California in its inquiry into…

COSTCO WHOLESALE: Has Yet to Respond to Pirelli Derivative Suit

Costco Wholesale Corporation disclosed in its latest Quarterly Report on Form 10-Q filed with the U.S. Securities and Exchange Commission that the defendants in the action styled Pirelli Armstrong Tire Corp. Retiree Medical Benefits Trust v. James Sinegal, et al.,…

COSTCO WHOLESALE: Jury Probes Option Granting Practices Review

A grand jury investigation concerning the special committee’s review of Costco Wholesale Corporation’s historical stock option grant practices is ongoing.

Following publicity regarding the granting of stock options, the Company initiated an internal review of its historical stock option grant…

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