investors can Contact the law firm for free to learn more about recovering their losses

LOS ANGELES, Sept. 20, 2022 (GLOBE NEWSWIRE) — The law firm of Portnoy FedEx Corporation (“FedEx” or “the Company”) (NYSE: FDX) advises investors that the Company has launched an investigation into possible securities fraud and may file a class action lawsuit on behalf of investors. FedEx investors who have lost money investing are encouraged to do so Contact Lesley Portnoy, Esq.

Investors are encouraged to contact an attorney Lesley F Portnoyby phone 844-767-8529 or E-mail: [email protected] to discuss your legal rights, or click here to join the case about www.portnoylaw.com. Portnoy Law Firm can provide a free case assessment and discuss investors’ options for making claims to recover their losses.

The investigation focuses on whether the company made false and/or misleading statements and/or failed to disclose information relevant to investors. FedEx released its preliminary first-quarter results on September 15, 2022. The company warned of a global slowdown in its delivery business and is closing stores and postponing hiring to counteract the decline. The company also warned that it will miss profitability targets and expects business conditions to deteriorate. Based on this news, shares of FedEx plummeted more than 22% in intraday trading on September 16, 2022.

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Portnoy Law Firm represents investors in asserting claims against companies caused by wrongdoing. The firm’s founding partner has recovered over $5.5 billion for aggrieved investors. attorney advertising. Previous results do not guarantee similar results.

Lesley F. Portnoy, Esq.
Bar Association in CA and NY
[email protected]
310-692-8883
www.portnoylaw.com
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