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How to claim cash: Costco’s $2 million class action lawsuit

How to claim cash: Costco’s  million class action lawsuit

Costco may owe you money.

As part of a class action lawsuit, Costco was ordered to pay $2 million to customers who purchased Kirkland Signature Moist Flushable Wipes between July 1, 2011, and May 31, 2017.

The lawsuit states that the retailer claimed the wipes could be flushed, but the product allegedly caused “damage to pipes, septic tanks, sewer lines and other plumbing.”

Related: Costco’s new CFO reveals fate of $1.50 hot dog-soda combo amid ‘media speculation’ and rising profits

The agreement states that consumers would not have bought the wipes in the first place if they had known that they were not flushable.

“Costco denies this allegation and maintains that the product performs as advertised,” the company said in the agreement.

Costco has not immediately commented on the lawsuit.

Those who believe they are eligible for cash can claim up to $1.30 cashback for each product purchased, with a minimum of $7.50 and a maximum of $55.90 (when claiming up to 43 products).

Under the settlement, class action members will not be required to provide proof of purchase, and affected customers will have until August 9 to claim their share.

Customers can submit their claims either online or by mail.

Related: Costco may stop selling books year-round. Here’s why.

The warehouse chain reported strong earnings for the third quarter of fiscal 2024, with net sales of $57.39 billion, up 9.1% from the same period last year.

Costco saw a year-over-year increase of over 58% through Monday afternoon.