Fedex Shareholder Sues Over the Illegal Delivery of Online Pharmacueticals

CPM has filed a shareholder lawsuit on behalf of FedEx against its Board of Directors arising out of FedEx’s illegal distribution of pharmaceuticals and other controlled substances purchased from internet pharmacies. The complaint alleges that FedEx became involved in delivering bulk shipments of pharmaceuticals to known drug dealers, drug addicts, and even underage individuals. The case is proceeding in federal court in the Northern District of California where the court will hear motions to dismiss in late February 2015. The case is handled by Mark Molumphy and Brian Schnarr.