FedEx Case 03/08/2008

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Company Name(s): 
FedEx
Case Name: 
FedEx Case 03/08/2008
Case Status: 
Lawsuit Filed
Affected Securities
NYSE: FDX
Lawsuit Overview
Type of Lawsuit: 
Shareholder Class Action
Date Filed: 
05/08/2008
Court of Filing: 
U.S. District Court for the Western District of Tennessee
Summary: 

 
On Thursday Rhode Island-based Plumbers and Pipefitters Local 51 Pension Fund, a shareholder since 2000 with unknown amount of shares, has filed a shareholder lawsuit in the U.S. District Court for the Western District of Tennessee on behalf of FedEx Corp against the board of FedEx Corp. challenging the practice of Fed Ex Corp. of classifying delivery drivers as independent contractors rather than employees.