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FedEx Discussions
Another lawsuit settled for 16.5 million.
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<blockquote data-quote="FUFred" data-source="post: 1239852" data-attributes="member: 46800"><p><a href="http://online.wsj.com/news/articles/SB10001424052702304607104579214453838975522" target="_blank">http://online.wsj.com/news/articles/SB10001424052702304607104579214453838975522</a></p><p>I copied it because you might need to be a member to read it.</p><p></p><p></p><p></p><p><a href="http://quotes.wsj.com/FDX" target="_blank">FedEx</a> Corp. <a href="http://quotes.wsj.com/FDX" target="_blank">FDX +1.41%</a> on Friday agreed to pay $16.5 million to settle a lawsuit alleging the package shipping company systematically overcharged its business customers by improperly assessing them residential surcharges.</p><p></p><p>The nearly three-year-old lawsuit, which was filed in the U.S. District Court in Memphis, accused FedEx of overcharging business and government clients as much as $3 a shipment over the course of several years. A judge approved the settlement, which was agreed to in July by FedEx and the two law firms that brought the suit.</p></blockquote><p></p>
[QUOTE="FUFred, post: 1239852, member: 46800"] [url]http://online.wsj.com/news/articles/SB10001424052702304607104579214453838975522[/url] I copied it because you might need to be a member to read it. [URL='http://quotes.wsj.com/FDX']FedEx[/URL] Corp. [URL='http://quotes.wsj.com/FDX']FDX +1.41%[/URL] on Friday agreed to pay $16.5 million to settle a lawsuit alleging the package shipping company systematically overcharged its business customers by improperly assessing them residential surcharges. The nearly three-year-old lawsuit, which was filed in the U.S. District Court in Memphis, accused FedEx of overcharging business and government clients as much as $3 a shipment over the course of several years. A judge approved the settlement, which was agreed to in July by FedEx and the two law firms that brought the suit. [/QUOTE]
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Another lawsuit settled for 16.5 million.
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