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Costco Investors Ask 9th Circ. To Revive Internal Controls Suit

By Hannah Albarazi (July 9, 2021, 9:20 PM EDT) -- Costco investors urged a Ninth Circuit panel Friday to revive their claims that the retail giant's executives made deliberately reckless misrepresentations about internal controls in their public filings, but the company countered that its top executives lacked a motive to engage in fraud, calling the suit "another case of fraud by hindsight."...

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