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The company replaced CEO Alan Shaw with the chief financial officer, after an uncovering Shaw's relationship with chief legal ...
U.S. District Judge Lewis Kaplan found there wasn’t a close enough connection between the statements Norfolk Southern had ...
Norfolk Southern Corp. convinced a federal court to dismiss an investor lawsuit alleging that it didn’t disclose increased risk-taking practices prior to a 2023 train derailment in Ohio.
Lawyers for the plaintiffs did not immediately respond to requests for comment. Norfolk Southern said Kaplan's decision reached "the right result, and we are very pleased with the outcome." ...
A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern of causing hundreds of millions of dollars of losses for bondholders by concealing safety risks prior to the February 2023 ...
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