FedEx

FedEx Faces Grand Jury, Indicted for Shipping Illegal Drugs – Analyst Blog More: continued here

FedEx Corporation (FDX) is once again under the radar for dealing in shipments of illegally operated online pharmacies. More: continued here

Delivery giant FedEx has denied a United States Department of Justice (DoJ) charge that it has transported illegal drugs for customers. The company said it was innocent of charges that it "knowingly and intentionally conspired to distribute" controlled substances and prescription drugs sold by illegal online pharmacies. Authorities said they had warned FedEx in 2004…

FedEx's indictment for shipping packages from illegal online pharmacies isn't hurting shares. More: continued here

Top Tech News Strong PayPal Growth Boosts eBayTop Tech NewsIt was a tough quarter for eBay. In May, the company said a cyberattack compromised user passwords, email addresses and phone numbers, although no financial or credit card information was stolen. It asked all 145 million users to change their passwords. More: continued here

Global package deliverer FedEx is facing $1.6 billion in possible fines after a federal grand jury in San Francisco handed down an indictment Thursday for drug trafficking, alleging that the company knowingly delivered illicit pharmaceuticals for over a decade to customers around the US. Memphis, Tenn.-based FedEx has vehemently denied the allegations ahead of a…

On Thursday, the Department of Justice charged transportation company FedEx with distributing restricted prescription drugs for illegal online pharmacies. FedEx is indicted for “conspiracies to traffic in controlled substances and misbranded prescription drugs for its role in distributing controlled substances and prescription drugs for illegal Internet pharmacies,” according to a press release … More: continued…

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq. a partner at the law firm of Kahn Swick & Foti, LLC announces that KSF has commenced an investigation i More: continued here

Parcel delivery company, facing charges of delivering drugs to customers ordering from illegal internet pharmacies, says it has no interest in violating the privacy of its customers and cannot do the job of law enforcement. More: continued here

FedEx's indictment for shipping packages from illegal online pharmacies isn't hurting shares, which makes sense to one transportation analyst. More: continued here