August 22, 2016
A FedEx Corp. investor has agreed to drop a shareholder derivative suit filed against the FedEx CEO and board that claimed the company knowingly shipped illegal drugs from online pharmacies, in the wake of the collapse of the related criminal case.
April 03, 2015
A California federal judge on Thursday stayed a shareholder derivative suit filed against FedEx Corp.'s directors accusing the company of knowingly shipping illegal drugs from online pharmacies pending the outcome of a criminal case.
August 22, 2014
FedEx Corp.'s directors were hit with a lawsuit in California federal court on Thursday over the company's "devastating" alleged business practice of knowingly shipping illegal drugs from online pharmacies, which has led to recent criminal indictments for drug trafficking and money laundering.