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.