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Judge: Costco owes Tiffany $19.4M for fake rings

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U.S. District Judge Laura Taylor Swain yesterday ruled Costco owes Tiffany at least $19.4 million.

She ordered Costco to pay up for selling counterfeit diamond engagement rings bearing the "Tiffany" name.

Costco officials intend to appeal the ruling.

Read more from Reuters.

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