MONSEY, N.Y., June 07, 2024 (GLOBE NEWSWIRE) — The law firm of Wohl & Fruchter LLP is investigating whether the officers and directors of Norfolk Southern Corporation (NYSE: NSC) (“NSC”) breached their fiduciary duties under Delaware law in connection with the fiery train derailment in East Palestine, Ohio, on February 3, 2023, that spewed toxic chemicals into the surrounding communities.
On April 9, 2024, NSC agreed to a $600 million settlement that will pay class action claims within a 20-mile radius of the accident and personal injury claims within a 10-mile radius.
On May 23, 2024, the Department of Justice and Environmental Protection Agency announced a $310 million settlement with NSC to pay for past and future cleanup costs, enhanced rail safety, health monitoring, and other costs and penalties related to the derailment.
If you are a long-term NSC shareholder and have questions about your legal rights in connection with our investigation, please contact us at the following link to discuss your options at no charge:
https://wohlfruchter.com/cases/norfolk-southern-corporation/
Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com.
About Wohl & Fruchter
Wohl & Fruchter LLP, with offices in New York City and Monsey, has for over a decade been representing investors in litigation arising from fraud and other corporate misconduct, and recovered hundreds of millions of dollars in damages for investors. Please visit our website, www.wohlfruchter.com, to learn more about our Firm, or contact one of our partners.
Contact:
Wohl & Fruchter LLP
Joshua E. Fruchter
Toll Free 866.833.6245
alerts@wohlfruchter.com
www.wohlfruchter.com
