Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio.
Norfolk Southern Corporation (NYSE: NSC) has announced a significant step forward in resolving the aftermath of the East Palestine derailment, revealing a $600 million agreement in principle to settle a consolidated class action lawsuit. This development, disclosed on Tuesday, signifies a significant move towards closure for affected residents within a 20-mile radius of the derailment […]
East Palestine resident Laurie Harmon is tired of fighting — for her health, for her home, for a sense of normalcy. Ms. Harmon is one
In principle, Norfolk Southern has reached a $600 million class-action settlement with victims over the 2023 train derailment in East Palestine.
Norfolk Southern has reached a $600 million settlement that, if approved by a court, will resolve all class-action lawsuits within 20 miles of its 2023 East Palestine, Ohio, derailment that spilled more than a million pounds of hazardous chemicals into the soil, water and air. The rail company said the settlement is intended to offset costs related to the spill that sent a plume of toxic smoke into the air and displaced many residents and businesses. But Norfolk Southern didn’t admit to any...
The disaster sparked concerns about hazardous chemicals injuring residents
ATLANTA — Norfolk Southern, which remains under pressure from an activist investor, today took the unusual step of releasing preliminary first quarter financial results, which included a $600 million proposed settlement of a class action lawsuit related to the East Palestine, Ohio, hazardous materials wreck. Including the impact of the settlement, the railroad’s operating income []Read More
The railroad said it had agreed to the payout to resolve a class-action case filed after last year’s derailment, which spilled hazardous chemicals in the Ohio community.
Company says settlement will resolve all class action claims within 20-mile
Norfolk Southern said Tuesday that it has reached a $600 million settlement that would resolve a class-action lawsuit over the Feb. 2023 derailment in East Palestine, Ohio.
The surveys will allow people near the impacted area to share their health symptoms, medical care and treatment, along with their concerns and needs.
By JOSH FUNK AP Business Writer The lawyers who negotiated a $600 million settlement with Norfolk Southern over that railroad’s disastrous 2023 derailment in eastern Ohio want residents to talk with them before deciding the historic deal isn’t enough. After all, they said Wednesday that this settlement for everyone within 20 miles of the East