Fedex has agreed to pay $228 million to settle litigation claiming the company short-changed its drivers on pay and benefits by improperly labeling them as independent contractors.
The settlement disclosed on Friday is directly related to a decision against the Memphis, Tenn.-based package delivery company in August, when a federal appeals court in Oakland found that FedEx Corp. (NYSE: FDX) misclassified 2,300 FedEx Ground and FedEx Home Delivery drivers working in California from 2000 to 2007 as…
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