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Stock impact report

FedEx, UPS, Oakley face lawsuits over Trump tariff refunds [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
FedEx Corp., United Parcel Service and the maker of Ray-Ban and Oakley sunglasses face proposed class action lawsuits that seek to recover payments for import duties and fees associated with the Trump administration's emergency tariffs that were invalidated by the U.S. Supreme Court last week. On Friday, injury law firm Morgan and Morgan filed suit against FedEx Logistics ( NYSE: FDX ) in U.S. District Court for Southern Florida seeking a full refund of duties paid by an individual in Miami and seeking to represent millions of other consumers similarly impacted the tariffs and fees passed on by FedEx after paying the government. The plaintiff, Matthew Reiser, paid $36 in duty and fees on a pair of tennis shoes he bought from Tennis Warehouse Europe, a German company, on Jan. 27. “FedEx is the only entity with legal standing to seek a refund of duties directly from the government. This leaves consumers like our client with no choice but to try to legally compel FedEx to refund the Show less Read more
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