On September 15, 2022, FedEx released its preliminary results for the first fiscal quarter. FedEx warned of a global drop-off in its delivery business and that it would be closing storefronts and putting off hiring staff to combat the drop. FedEx also warned that it will miss targets on profitability and expects business conditions to worsen. Based on this news, shares of FedEx cratered by more than 22% in intraday trading on September 16, 2022.
Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of FedEx Corporation (NYSE: FDX) resulting from allegations that FedEx may have issued materially misleading business information to the investing public.
If you purchased FedEx securities and would like to join the prospective action, please click “Join This Class Action.”
Details of investigation:
自 2013 年以来，罗森律师事务所每年都是代表投资者成功提起证券集体诉讼的前四大律所之一。仅 2019 年，本律所就为投资者追回 4.38 亿美元资金。
机构股东服务公司按 2017 年证券集体诉讼索赔数量，罗森律师事务所列为第一名。