FRA Certification Helpline: (216) 694-0240

(Source: Bloomberg Law, March 16, 2023)

Rail operator Norfolk Southern Corp. and its top executives are facing a securities class action in the wake of last month’s train derailment in East Palestine, Ohio, alleging the company misled investors by ignoring the safety risks of the railroad’s increasing use of longer, heavier trains staffed by fewer workers.

Full story: Bloomberg Law