NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors in Norfolk Southern Corporation (“Norfolk Southern” or the “Company”) NPC. Those investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, extension 7980.
The investigation concerns whether Norfolk Southern and certain of its officers and/or directors have engaged in securities fraud or other illegal business practices.
[Click here for information about joining the class action]
On February 4, 2023, a Norfolk Southern train derailed in East Palestine, Ohio, causing fire and heavy smoke and releasing toxins such as vinyl chloride, butyl acrylate, residual benzene and other flammable liquids. The derailment prompted the evacuation of thousands of nearby residents. Norfolk Southern faces numerous lawsuits and investigations from regulators and individuals. Norfolk Southern’s share price has fallen sharply since the derailment.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris and Tel Aviv, is recognized as one of the leading law firms specializing in corporate, securities and antitrust litigation. Founded by the late Abraham L. Pomerantz, best known as Dean of the Class Bar Association, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues the tradition he founded and fights for the rights of victims of securities fraud, fiduciary breaches and corporate wrongdoing. The firm has recovered numerous multi-million dollar claims on behalf of group members. See www.pomlaw.com.
CONTACT:
Robert S Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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