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Costco reportedly has been hit with a shareholder lawsuit that charges the company with manipulating its stock option grants to executives between 1997 and 2002 so that profits could be maximized.

An internal investigation into the company’s options grants during that period of time concluded that there was no evidence of fraud or any departure from standard accounting practices, though last year Costco did say that its records had been subpoenaed by a federal grand jury looking into the matter.

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