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FedEx Corporation (NYSE: FDX)

FedEx Corporation (NYSE: FDX)


Company Name: FedEx Corporation
Stock Symbol: NYSE: FDX
Class Period Start: 09/19/2017
Class Period End (inclusive): 09/19/2017
Filing Deadline: 08/26/2019
Court: Southern District of New York

Case Details


The law firm of Barbuto & Johansson, P.A., and Director of Client Relations Neil Rothstein, Esq. remind investors that they have until August 26th, 2019 to file lead plaintiff applications in a securities class action lawsuit against FedEx Corporation.

FedEx and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On December 18, 2018, post-market, FedEx announced weak results for 2Q2019 including a downgrade in fiscal 2019 earnings guidance and a significant profit miss, due in part to lower freight volumes in Europe and a negative change in service mix following a June 2017 cyberattack.

On this news, the price of FedEx’s shares declined over 12%.

If you purchased securities of Anheuser-Busch. and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, please contact one of our attorneys. Call the firm today at (561) 444-7980 and/or fill out the form to the right.

The case is Rhode Island Laborers’ Pension Fund v. FedEx Corporation, 19-cv-05990.

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