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NSC Alert: Monsey Law Firm of Wohl & Fruchter Renews Investigation of Officers and Directors of Norfolk Southern Corporation for Potential Violations of Delaware Law In Connection With Train Derailment
Norfolk SouthernNorfolk Southern(US:NSC) GlobeNewswire News Roomยท2024-06-26 17:26

Core Viewpoint - Wohl & Fruchter LLP has renewed its investigation into Norfolk Southern Corporation (NSC) regarding potential breaches of fiduciary duties by its officers and directors related to the train derailment incident in East Palestine, Ohio, on February 3, 2023, which released toxic chemicals into nearby communities [1]. Group 1 - The investigation is prompted by findings from the National Safety Transportation Board (NTSB), which indicated that NSC's standard operating procedures and the excessive spacing between detectors hindered the train crew's ability to receive timely warnings about an overheated wheel bearing, ultimately leading to the derailment [3]. - NTSB investigators also reported that the decision made by the local incident commander to vent and burn the contents of tank cars carrying vinyl chloride monomer was based on incomplete and misleading information provided by Norfolk Southern officials and contractors [5].