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Wednesday, April 23, 2025

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Norfolk Southern shareholders

NEWARK, N.J. — A class of Norfolk Southern investors want damages related to the the rail company's plummeting stock value in the wake of the fatal derailment in East Palestine, Ohio, citing misleading statements about its efforts to minimize safety issues with longer, more dangerous trains, as well as the executive compensation system tied to "precision scheduled railroading."

Read the complaint.

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