Here's Why Costco Is In The Middle Of A Class Action Lawsuit [Yahoo! Finance]
Costco Wholesale Corporation (COST)
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Source: Yahoo! Finance
The plaintiff, Annie Song, claimed that Costco was not forthcoming about certain price differences that may occur for products that are offered both online and in-store. While there are plenty of benefits to having a Costco membership , the lawsuit proclaims that doing your shopping from the retailer's website may not be one of them. A disclaimer on the Costco website points out possible price discrepancies while shopping, citing that delivery fees and shipping costs may slightly raise the price of an item online. The company also claims that an item offered both in-store and online will have this statement accompanying the product description online: "Item may be available in your local warehouse for a lower, non-delivered price." However, according to the class action lawsuit , this message is allegedly not always displayed and misleads customers from double-checking their local Costco warehouse for cheaper pricing. In the lawsuit, Song claimed that when Costco allegedly withholds
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