ISSAQUAH, Wash. — A federal court has ordered Costco Wholesale Corp. here to pay $200,000 in statutory damages for selling counterfeit hair styling CHI flat irons made by Farouk Systems, Houston, according to a report in the Houston Chronicle. The award stems from a 2009 lawsuit filed in a Houston state district court charging Costco with violating the Lanhm Act, which prohibits the selling of counterfeit, non-genuine goods. After nearly two years of litigation, the jury agreed ...

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