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<blockquote data-quote="bacha29" data-source="post: 5558579" data-attributes="member: 58386">Stop and think for a moment about this. FDX in it&#039;s current form is a holding company. It still reigns supreme over the OPCO&#039;s it holds.Now if the restructuring is on the scale it appears, a lot people are going to lose their job involuntarily.Let&#039;s say a bunch of them get together and file a class action law suit.They get their day in court. Fat Freddy&#039;s little gang shows up and moves for dismissal on the grounds that the company they worked for doesn&#039;t exist anymore because it ceased operations at the direction of the parent firm and holding company which they will say they&#039;re entitled to do. Strong possibility the judge will see it their way.Heading down a road they&#039;re not too familiar with or what they&#039;ll&nbsp; find at the other end it only makes sense that you get your back side covered well enough to limit your exposure to litigation that could&nbsp; cost you many millions as best you can. Keep in mind the out of court settlement of the multi state class action with contractors over the question of whether they werecontractors or employees just from the cash payment to contractors alone cost them $650 million dollars.They won&#039;t make that same mistake twice.</blockquote>

[QUOTE="bacha29, post: 5558579, member: 58386"] Stop and think for a moment about this. FDX in it's current form is a holding company. It still reigns supreme over the OPCO's it holds. Now if the restructuring is on the scale it appears, a lot people are going to lose their job involuntarily. Let's say a bunch of them get together and file a class action law suit. They get their day in court. Fat Freddy's little gang shows up and moves for dismissal on the grounds that the company they worked for doesn't exist anymore because it ceased operations at the direction of the parent firm and holding company which they will say they're entitled to do. Strong possibility the judge will see it their way. Heading down a road they're not too familiar with or what they'll find at the other end it only makes sense that you get your back side covered well enough to limit your exposure to litigation that could cost you many millions as best you can. Keep in mind the out of court settlement of the multi state class action with contractors over the question of whether they were contractors or employees just from the cash payment to contractors alone cost them $650 million dollars. They won't make that same mistake twice. [/QUOTE]

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