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The Puget Sound Business Journal reports that Costco CEO Jim Sinegal says he is “disappointed” with the decision made by a federal judge late last week to grant class action status to a gender discrimination lawsuit against the company. The suit alleges that the company has systematically and purposefully denied promotions to more than 700 women.

Sinegal released a statement saying, in part, that Costco "has a well-deserved reputation for fairness to our employees.

"It is obvious that there are more men than women in certain warehouse management positions, but statistics cited out of context do not always tell the whole story,” Sinegal said. “We look forward to the opportunity to tell the whole story in the proper forum and at the right time.”
KC's View:
Costco does have an overwhelmingly positive image in terms of how it deals with its employees. We’ll trust in the legal system, and we’ll be disappointed if the company is found to be guilty of gender discrimination.