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Bucks County Employees Retirement System v. Norfolk Southern Corporation et al
Case Number:
2:23-cv-00982
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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September 18, 2023
Investors' Suit Over Norfolk Southern Derailment Lands In Ga.
A proposed securities class action accusing Norfolk Southern of misleading investors by not disclosing the heightened risk of train derailments prior to the East Palestine, Ohio, accident in February has been transferred from the Buckeye State to Georgia, where the company's headquarters and key witnesses are located.
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May 12, 2023
Norfolk Southern Wants Ohio Securities Suit In Georgia
Norfolk Southern asked an Ohio federal judge Friday to send a proposed securities class action accusing it of misleading investors by not disclosing the heightened risks of train derailments prior to the February incident to the Northern District of Georgia, as it "has no meaningful connection to this district."
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March 17, 2023
Norfolk Southern Investors Say Derailment Buried Stock Price
A proposed class of Norfolk Southern Corp. investors took the railway company to Ohio federal court claiming it misled shareholders by not disclosing a heightened risk of train derailments prior to the Feb. 3 incident in East Palestine, after which the company's stock lost nearly a fifth of its value