$21.5M Settlement Approved In FedEx Class Action

Law360, Los Angeles (November 22, 2013, 9:27 PM EST) -- A Tennessee federal judge on Friday granted final approval to a $21.5 million settlement to be paid by Federal Express Corp. in a class action accusing it of charging customers more than $5 million in bogus residential delivery surcharges for packages sent to businesses and government buildings.

In July, FedEx agreed to pay the settlement, which includes $16.5 million in cash and injunctive relief valued at approximately $5 million. The suit accused the shipping giant of committing mail and wire fraud and breaching its contract with...
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