By Sydney Price

The Second Circuit on Friday declined to revive a suit by investors claiming railroad operator Norfolk Southern Corp. botched disclosures about how an efficiency plan might cause derailments, validating a lower court's interpretation that the statements about safety were inactionable puffery.

By Kellie Mejdrich

The Second Circuit appeared skeptical Thursday of investors' bid to revive a proposed class action against Norfolk Southern alleging that the company botched disclosures about how an efficiency plan might cause derailments, as judges seemed open to a lower court's interpretation that railroad statements about safety were puffery.

By Lauren Berg

Norfolk Southern and residents affected by the East Palestine, Ohio, train derailment who reached a $600 million class settlement told the U.S. Supreme Court Tuesday they don't plan to respond to objectors' petition seeking review of the Sixth Circuit's decision to toss their appeals of the settlement.

By Matthew Santoni

The ousted administrator of Norfolk Southern's $600 million settlement over the derailment in East Palestine, Ohio, will pay $17.25 million to resolve claims that it mishandled the distribution of payouts, according to deal terms approved Monday. 

By Matthew Santoni

The ex-administrator of Norfolk Southern's $600 million settlement over the East Palestine, Ohio, derailment met skepticism as it admitted to a federal judge Friday that it had made some mistakes in distributing funds, but denied class counsel's key contention that $120 million for personal injury claims had to be divided evenly among all the claimants.

By Rae Ann Varona

The Sixth Circuit on Tuesday largely refused to revive Morgan & Morgan's bid to halt the allocation of attorney fees from a $600 million class settlement between Norfolk Southern and residents affected by the East Palestine, Ohio, train derailment disaster, but remanded it for a look into the firm's individual allocation amount.