November 15, 2024
One of several investors suing shipping and logistics giant UPS in recent months over a share price tumble caused by disappointing earnings numbers this summer said Thursday that he plans to drop his claims against the company.
October 11, 2024
UPS was hit with a proposed investor class action from a shareholder who alleges that the shipping and logistics giant artificially boosted its earnings projections before revealing disappointing numbers this summer that sent the company's stock price tumbling down by over 12% in a single day.