"Shareholders Latest to Sue FedEx Over Drivers"

It certainly must be a long line of people suing FedEx Corp and FedEx Ground for misclassifying drivers.

Only the 'latest' is a shareholder - the Plumbers and Pipefitters Local 51 Pension Fund - who is suing the company's Board of Directors for "breach of fiduciary duty, abuse of control, gross mismanagement, corporate waste and unjust enrichment."  The title of this post comes form a newspaper story with the same title.

The Reuters beat reporter for transportation also wrote an article that was picked up by some web sites. 

FedEx's lawyers must be very busy. 

-- May 09


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