Norfolk Southern Derailment

Norfolk Slams Investors' Cert. Bid In Rail Safety Claims Suit

By Gina Kim

Norfolk Southern opposed a class certification bid in Georgia federal court Thursday by investors alleging it misrepresented safety practices up until the fiery train derailment in East Palestine, Ohio, arguing the lead plaintiffs' claims are atypical and, accordingly, are inadequate representatives for those who bought company stock after the derailment.

Ohio Derailment Class Attys Fight Morgan & Morgan Fee Probe

By Matthew Santoni

Co-counsel for plaintiffs in litigation over a Norfolk Southern train derailment urged a federal court to reject Morgan & Morgan's bid to investigate the allocation of attorney fees stemming from a $600 million class settlement, arguing that it was unnecessary to revisit the issue and that the firm may have even gotten more than it deserved.

Morgan & Morgan Wants To Probe Derailment Atty Fee Split

By Matthew Santoni

The firm Morgan & Morgan PA asked an Ohio federal court Friday to reopen discovery in the East Palestine derailment litigation and delve into the decision-making behind the attorney fees for Norfolk Southern's $600 million settlement, after the Sixth Circuit gave the firm a chance to double-check whether it had received its fair share.

Justices Pass On Challenge To $600M Norfolk Southern Deal

By Chart Riggall

The U.S. Supreme Court turned down a push Monday to reconsider objections to a $600 million class settlement between Norfolk Southern Corp. and residents affected by the East Palestine, Ohio, train derailment after the deal was upheld by the Sixth Circuit late last year.

Norfolk Investors Seek Class Cert. In Rail Safety Claims Suit

By Katryna Perera

Investors suing Norfolk Southern and its top brass have asked a Georgia federal judge for class certification in a case alleging the railroad company made false claims about its safety culture and practices and deceived investors up until the fiery crash of one of the company's trains along the Ohio-Pennsylvania border in 2023.

2nd Circ. Affirms Norfolk's Win In Investors' Derailment Suit

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.

2nd Circ. Seems Wary Of Restarting Norfolk Derailment Suit

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.

Justices Asked To Review $600M Train Derailment Deal

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.

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