Recently, a class action lawsuit for fraud and unjust enrichment was brought against Costco. In the class action suit, it is alleged that the defendants lied about the amount of silymarin, or milk thistle seed, in its Trunature milk thistle herbal supplements while still charging a premium for the products. To note, Milk Thistle Seed (Silybum marianum) has a history dating back over two thousand years as a favorite among herbalists for its positive effects on the liver and gallbladder. The ancient philosophers Pliny and Galen both praised the herb for liver cleansing. Now, milk thistle is one of the most well-researched plants for liver support applications.
Who They Are
Costco Wholesale Corporation is the largest American membership-only warehouse club that provides a wide selection of merchandise, and as of 2015, was the second largest retailer in the world after Walmart. As of 2016, Costco was the world’s no. 1 retailer of choice and prime beef, organic foods, rotisserie chicken, and wine. Costco’s worldwide headquarters are in Issaquah, Washington, but the company opened its first warehouse in nearby Seattle in 1983. Through mergers, Costco’s overall corporate history dates back to 1976, when its former competitor Price Club was founded in San Diego, California. As of 9 February 2017, Costco had a total of 729 warehouses, spread throughout the United States (508), Canada (94), Mexico (37), United Kingdom (28), Japan (25), South, Korea (13), Taiwan (13), Australia (8), Spain (2), Iceland (1) and one to be opened June 22nd, 2017 in France (1). Costco is known for offering constantly changing selections of moderately priced, high-quality luxury goods (termed as “retail treasure hunts”) among inexpensive, regularly stocked bulk goods.Costco’s membership comprises a large, loyal, and affluent constituency, with an average annual household income of $156,000 a year. Costco stores are only open to members and their guests, except for purchases of gasoline and liquor in some U.S. states because of state law, optical prescriptions, and prescription drugs because of federal law, and (in some regions) purchases made with Costco Cash Cards. While Costco welcomes guests to accompany members, only members are authorized to pay for items (unless the guests have Costco Cash cards). Memberships purchases are paid in advance for one year.
If these allegations have affected you in any way, please contact us at Consider The Consumer immediately.
For your convenience, a full copy of the complaint is posted below.
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