FedEx Faces Damages of $366 Million From Racial Bias Case (1)

FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial bias, $366 million awarded to a Black former saleswoman who claimed the company fired her after she complained about discrimination.

The company will appeal the verdict and ask the trial judge to reduce the damages, it said Tuesday in a filing following the Oct. 25 jury award of $1.16 million in compensatory damages and $365 million in punitive damages.

“FedEx believes ultimate compensatory and punitive damages and pre- and post-judgment interest up to $75 million will be covered by insurance, ...