IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Costco Wholesale Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–$COST #ClassActionThe
Schall Law Firm
, a national shareholder rights litigation firm,
announces the filing of a class action lawsuit against Costco Wholesale
Corporation (“Costco” or “the Company”) (NASDAQ: COST)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
Exchange Commission.

Investors who purchased the Company’s shares between June 6, 2018 and
October 25, 2018, inclusive (the ”Class Period”), are encouraged to
contact the firm before January 7, 2019.

If you are a shareholder who suffered a loss, click
here to participate
.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm’s website at www.schallfirm.com,
or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading
statements to the market. Costco failed to maintain appropriate internal
controls over financial reporting. The Company admitted on October 4,
2018, that “in its upcoming fiscal 2018 Annual Report on Form 10-K, it
expects to report a material weakness in internal control. The weakness
relates to general information technology controls in the areas of user
access and program change-management over certain information technology
systems that support the Company’s financial reporting processes. The
access issues relate to the extent of privileges afforded users
authorized to access company systems.” Based on these facts, the
Company’s public statements were false and materially misleading
throughout the class period. When the market learned the truth about
Costco, investors suffered damages.

Join
the case
to recover your losses.

The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
litigation.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm
Brian Schall, Esq.,
Sherin Mahdavian, Esq.,
www.schallfirm.com
310-301-3335
info@schallfirm.com

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