Judge signs off on $600 million Ohio train derailment settlement but residents still have questions [Financial Post (Toronto, Ontario, Canada)]
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Norfolk Southern Corporation (NSC)
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Source: Financial Post
A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are still wondering how much they will end up with out of the deal. Preliminary approval for the settlement came late Tuesday, so now lawyers involved in the case will return to the community to answer more questions about the deal Atlanta-based Norfolk Southern agreed to this spring. Article content One of the lead attorneys for the plaintiffs, Mike Morgan, said the settlement will resolve claims against the railroad and other defendants in the lawsuit, such as the rail car owners and chemical manufacturer that made the vinyl chloride released and burned after the derailment. Article content But Morgan said this deal won't affect possible future lawsuits against the Environmental Protection Agency, which is overseeing the cleanup, or any other government entity. Those agencies weren'
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News
- Toxic garlic should have prompted EPA to warn against gardening near Ohio derailment, watchdog says [CBS News]CBS News
- EPA urged to test soil near the site of toxic Ohio train derailment after high levels of chemicals found in local garlic [Fortune]Fortune
- Citing toxins in garlic, group says EPA should have warned about chemicals near Ohio derailment [Yahoo! Finance Canada]Yahoo! Finance Canada
- Citing toxins in garlic, group says EPA should have warned about chemicals near Ohio derailment [Yahoo! Finance]Yahoo! Finance
- Here's Why Investors Should Retain Norfolk Southern (NSC) Now [Yahoo! Finance]Yahoo! Finance
NSC
Earnings
- 4/24/24 - Miss
NSC
Sec Filings
- 6/12/24 - Form 4
- 6/5/24 - Form 4
- 6/4/24 - Form 4
- NSC's page on the SEC website