# Costco

Type: Company (COST)

Source: Legal & RegTech Intelligence Brief — https://getlegalbrief.com/entity/costco
Canonical HTML page: https://getlegalbrief.com/entity/costco

## Timeline

- **2026-07-17**: Case removed to federal court — Microsoft removes the lawsuit to the U.S. District Court for the Western District of Washington.
- **2026-06**: Microsoft announces another Xbox price hike — Effective August 1, 2026, Microsoft plans additional price increases, blaming a “components crisis” driven by AI-related demand for memory and storage.
- **2026-06**: Class-action lawsuit filed — Plaintiff Trevor Hastings files a proposed class-action in King County Superior Court, alleging Microsoft unjustly benefits from tariff refunds at consumers’ expense.
- **2026-03-02**: Delay Denied — Appeals court rejects the stay, allowing cases to proceed immediately.
- **2026-02-27**: Delay Requested — Trump administration asks for a 4-month stay on litigation.
- **2026-02-23**: FedEx Files Suit — FedEx becomes the first major company to sue for a full refund in the Court of International Trade.
- **2026-02-23**: FedEx Litigation — FedEx files a lawsuit seeking a refund of tariffs paid under the invalidated policies.
- **2026-02-23**: Tax Foundation Report — Nonpartisan report estimates the tariff burden at $1,000 per household in 2025.
- **2026-02-20**: SCOTUS Ruling — Supreme Court strikes down major portions of the Trump administration's import tariffs.
- **2026-02-17**: SCOTUS Ruling — The Supreme Court rules that the unilateral imposition of IEEPA tariffs was illegal.
- **2026-02-15**: SCOTUS Decision — Supreme Court invalidates global tariffs, sparking a rush for refunds.
- **2026-02**: Supreme Court rules Trump tariffs illegal — The U.S. Supreme Court invalidates the April 2025 tariffs, leading the Treasury to begin refunding importers; over $81 billion disbursed so far.
- **2025-12-31**: Revenue Milestone — Tariffs generate over $130 billion for the US government.
- **2025-10**: Microsoft raises Xbox prices by $20–$70 — Citing changes in the macroeconomic environment, Microsoft increases the retail price of Xbox consoles without directly mentioning tariffs.
- **2025-08-01**: Initial Ruling — Federal Circuit rules many global tariffs were unlawful.

## Recent coverage (4 stories)

### Microsoft faces class action as $81B tariff refunds spur Xbox consumer suit
2026-07-24 07:33:03 · Sentiment: Negative · Impact: 6/10 · Sources: 8

A proposed class-action alleges Microsoft passed illegal tariff costs onto Xbox buyers while keeping federal refunds, joining a wave of suits against major retailers. The case explores whether companies must disgorge windfalls from retroactively invalid duties.
Full story: https://getlegalbrief.com/story/microsoft-xbox-tariff-class-action-81b-refunds

### US Appeals Court Rejects Trump Bid to Delay $130B Tariff Refund Litigation
2026-03-03 00:27:50 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

The US Court of Appeals for the Federal Circuit has denied the Trump administration's request for a four-month stay on tariff refund lawsuits following a Supreme Court ruling that invalidated global tariffs. With over $130 billion in revenue at stake and nearly 1,000 corporate claims pending, the decision clears the way for immediate litigation in the Court of International Trade.
Full story: https://getlegalbrief.com/story/us-appeals-court-denies-tariff-refund-delay

### SCOTUS Tariff Strike-Down Triggers $175B Corporate Refund Litigation Wave
2026-02-25 00:24:53 · Sentiment: Neutral · Impact: 6/10 · Sources: 2

Following a landmark Supreme Court ruling striking down federal import tariffs, corporations including FedEx have launched massive litigation efforts to recoup an estimated $175 billion in taxes. While consumers bore the indirect cost of these tariffs, legal experts warn that direct refunds will flow to importers of record rather than retail customers, creating a complex regulatory and accounting challenge for the administration.
Full story: https://getlegalbrief.com/story/scotus-tariff-strike-down-refund-litigation

### FedEx Challenges Treasury for Billions in Post-SCOTUS Tariff Refund Suit
2026-02-24 02:09:56 · Sentiment: Negative · Impact: 7/10 · Sources: 3

FedEx has filed a landmark lawsuit against the Trump administration seeking a full refund of tariffs paid under the International Emergency Economic Powers Act (IEEPA). The move follows a Supreme Court ruling that the unilateral imposition of these duties was an overreach of executive authority, potentially triggering a massive wave of corporate litigation.
Full story: https://getlegalbrief.com/story/fedex-sues-trump-administration-tariff-refunds

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This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getlegalbrief.com/guides/methodology for the full editorial methodology.