Costco to appeal ruling on violation of Tiffany trademark

Costco Wholesale Corp. late Monday said it will appeal a ruling that it marketed diamond rings that infringed upon Tiffany & Co.’s trademark. In a statement, Costco said the ruling “is a product of multiple errors in pretrial, trial, and post-trial rulings.” On Monday, a federal judge ruled that Tiffany could recover at least $19.4 million in damages from Costco, according to Reuters.

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