Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of FedEx Corporation Stockholders
July 18 2014 - 6:23PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
FedEx Corporation (“FedEx” or the “Company”) (NYSE:FDX) concerning
whether the Company and its executives violated their fiduciary
duties.
On July 17, 2014, FedEx stated in a regulatory filing that it
has “received requests for information from the U.S. Department of
Justice (“DOJ”) in the Northern District of California in
connection with a criminal investigation relating to the
transportation of packages for online pharmacies that may have
shipped pharmaceuticals in violation of federal law. On July 17,
2014, the DOJ filed a criminal indictment in the United States
District Court for the Northern District of California in
connection with the matter.” The indictment alleges that FedEx
Corporation, FedEx Express and FedEx Services, together with
certain pharmacies, conspired to unlawfully distribute controlled
substances and misbranded drugs. According to a press release
issued by the DOJ in connection with the indictment, as early as
2004, “FedEx knew that it was delivering drugs to dealers and
addicts” as FedEx’s couriers “expressed safety concerns that were
circulated to FedEx Senior management, including that FedEx trucks
were stopped on the road by online pharmacy customers demanding
package of pills.”
If you are a FedEx stockholder and have information that could
assist in this investigation, please contact J. Brandon
Walker, Esq. by email at bwalker@kmllp.com, or telephone at (212)
699-1145, or Melissa Fortunato, Esq. by email at
mfortunato@kmllp.com, or telephone at (212) 699-1141, or toll free
at (888) 529-4787, or by filling out this contact form. There is no
cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, stockholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq,
212-699-1145bwalker@kmllp.comorMelissa Fortunato, Esq.,
212-699-1141toll free: 888-529-478mfortunato@kmllp.com
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