FedEx execs: We had no idea cyberattack would be so bad. Investors: Is that why you sold $40m+ of your own shares?

FedEx execs not only hid the impact of the NotPetya ransomware on their business but personally profited by selling off tens of millions of dollars of their own shares before the truth came out, a lawsuit filed by the delivery business’ own shareholders claims. The legal complaint [PDF], filed in Delware, USA, this week, accuses the shipping giant and its top brass of giving “materially false and misleading statements”

Read full article on The Register