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FedEx Shares Face Considerable Downside Risk on DOJ Indictment

NEW YORK (TheStreet) — Drug trafficking is a serious crime and shares of FedEx shares are vulnerable following the package delivery company's disclosure that the Department of Justice filed criminal charges that the company was shipping misbranded controlled substances such as Ambient and Valium. If the company is found guilty, …

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FedEx Indicted for Drug Dealing Following Decade-Long Investigation

FedEx has been charged with shipping prescription drugs for illegal online pharmacies, the FDA said in a statement Friday. A federal grand jury in San Francisco indicted the shipping company, alleging it had knowingly conspired with two separate but related online pharmacies – the Chhabra-Smoley Organization, whose founder was arrested …

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FedEx Indicted for Shipping Drugs for Online Pharmacies

FedEx Corp. was indicted for delivering prescription pain pills, sedatives, anti-anxiety drugs and other controlled substances for illegal Internet pharmacies. Yesterday's indictment in San Francisco federal court comes more than a year after United Parcel Service Inc. (UPS) agreed to forfeit $40 million in payments it received from illicit online …

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