Home / FedEx / (AFX UK Focus) 2008-12-05 17:20 UPDATE 1-FedEx to settle contractors’ compensation suit (Interactive Investor)

(AFX UK Focus) 2008-12-05 17:20 UPDATE 1-FedEx to settle contractors’ compensation suit (Interactive Investor)

NEW YORK, Dec 5 (Reuters) – FedEx Corp said on Friday that it had reached an agreement to settle a lawsuit brought by contractors in California who claimed that the package delivery company owed them business expense reimbursement. Pending court approval, FedEx will settle Estrada v. FedEx Ground Package System Inc for $26.8 million. (Reporting by Helen Chernikoff; Editing by Lisa Von Ahn) …

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