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Costco To Pay $775K To End Coconut Oil Labeling Suit

By Dorothy Atkins ( May 2, 2017, 4:11 PM EDT) -- Costco Wholesale Corp. has agreed to pay $775,000 to resolve allegations that its Kirkland coconut oil products misled a putative class of 1.72 million coconut oil buyers into thinking the product is "healthy and delicious," when it's actually mostly saturated fat, according to court documents filed in California federal court Monday....

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