Energy News / Shareholders Foundation, Inc.

NYSE: FDX Investor Alert: Investigation over Potential Wrongdoing at FedEx Corporation

Via: ReleaseWire

Updated 10:21 AM CST, Thu, January 30,2020

An investigation on behalf of investors in FedEx Corporation (NYSE: FDX) shares over potential wrongdoing at FedEx Corporation was announced and NYSE: FDX stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 01/30/2020 -- Certain directors of FedEx Corporation are under investigation over potential breaches of fiduciary duties.

Investors who purchased shares of FedEx Corporation (NYSE: FDX) and currently hold any of those FNYSE: FDX shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain FedEx directors breached their fiduciary duties and caused damage to the company and its shareholders.

FedEx Corporation reported that its Total Revenue rose from over $65.45 billion for the 12 months period that ended on May 31, 2018 to over $69.69 billion for the 12 months period that ended on May 31, 2019 and that its Net Income over those respective time periods declined from over $4.57 billion to $540 million.

Shares of FedEx Corporation (NYSE: FDX) declined from $274.38 per share in early 2018 to as low as $138.39 per share in October 2019.

On January 29, 2020, NYSE: FDX shares closed at $149.16 per share.

Those who purchased shares of FedEx Corporation (NYSE: FDX), have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nyse-fdx-investor-alert-investigation-over-potential-wrongdoing-at-fedex-corporation-1273573.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com