NEW YORK, Jan. 12, 2015 /PRNewswire/ -- Strauss Law
P.L.L.C., a litigation firm, has commenced an investigation into
FedEx Corporation ("FedEx" or the "Company") to determine whether
the Company's Officers and Directors have breached their fiduciary
duties owed to the Company and its shareholders.
FedEx is an American global courier delivery services company.
FedEx provides transportation, e-commerce, and business services
internationally and is the operator of the world's largest cargo
airline.
On August 14, 2014, the Department
of Justice ("DOJ") filed a superseding indictment against FedEx for
drug-trafficking charges alleging that the Company used its
shipping services to deliver prescription drugs for illegal
Internet pharmacies from at least 2004 through the present.
According to the DOJ, FedEx delivered drugs from Internet
pharmacies that supplied pills to customers who filled out online
questionnaires and were never examined by doctors.
The DOJ further alleges that FedEx repeatedly ignored warnings
by the Drug Enforcement Administration ("DEA"), the Food and Drug
Administration ("FDA"), and members of Congress. The
indictment alleges that FedEx knew that such pharmacies used its
services and that FedEx took steps to protect its business by
setting up special sales classifications for Internet pharmacies.
According to a statement from the DOJ, FedEx could face a potential
fine of $1.6 billion.
What You Can Do
If you are a long term FedEx shareholder, you may have legal
claims against FedEx Officers and Directors. If you wish to
discuss this investigation, or have questions about this notice or
your legal rights, please contact attorney Jesse Strauss at 212-822-1496 or via email at
jesse@strausslawpllc.com.
About Strauss Law P.L.L.C.
Strauss Law P.L.L.C. is full service litigation firm with a
specialty in, among other related practice areas, shareholder
rights and business owner disputes. Strauss Law P.L.L.C.'s
founder, Jesse Strauss, has over a
decade of experience getting justice for his clients, including
trial experience at a top national law firm, litigating complex
securities fraud matters at a leading plaintiff side class action
litigation firm, and clerking for a U.S. District Court
Judge. Jesse takes on the tough cases and gets results.
He has been twice selected as a New York "Super Lawyer" by Thompson
Reuters for his work.
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SOURCE Strauss Law P.L.L.C.