NEW YORK, Oct. 27, 2022 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, PC, a nationally recognized shareholder rights law firm, is investigating potential claims against FedEx Corp. (NYSE: FDX), Cantaloupe, Inc. (NASDAQ: CTLP, OTCMKTS: CTLPP), Compass Minerals International, Inc. (NYSE: CMP) and EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT). Our investigations address whether these companies have violated federal securities laws and/or engaged in other illegal business practices. For more information on each case, see the link provided.

fedex corp (NYSE: FDX)

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.

For more information on the FedEx investigation, go to: https://bespc.com/cases/FDX

Cantaloupe, Inc. (NASDAQ:CTLP,OTCMKTS:CTLPP)

On September 28, 2022, the company issued a report stating, “Based on the progress made to date in evaluating the effectiveness of internal controls for financial reporting, the company currently expects to report three material weaknesses in its internal control framework and design.” , the implementation and operational effectiveness of general information technology controls in the areas of user access, change management and segregation of duties within various systems that support the company’s accounting and reporting processes, the design, implementation and operational effectiveness of controls over revenue and related accounts and risk assessment and monitoring activities related to the timely identification and assessment of control deficiencies.”

In this news, cantaloupe…