Fedex Sues to Block Cuomo Probe

Discussion in 'The Latest FedEx Headlines' started by cheryl, Aug 25, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    Fedex Sues to Block Cuomo Probe - Barrons

    Fedex (FDX) has filed a lawsuit to block New York Attorney General Andrew Cuomo, after Cuomo in June subpoenad the the firm demanding to know its policies for insuring valuable items it carries by air.

    Fedex in the filing says Cuomo has overstepped his bounds, arguing that as “an airline,” Fedex is subject to federal authority, not the NY AG, according to the write-up by The Wall Street Journal’s Chad Bray.