CSX Corporation Investigated For Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm to Recover Losses

Core Viewpoint - CSX Corporation is under investigation for potential securities law violations following a subpoena from the U.S. Securities and Exchange Commission related to misstatements in its financial statements, leading to a nearly 5% decline in stock value since the announcement [2]. Group 1: Investigation Details - Block & Leviton is investigating CSX Corporation for possible securities law violations and may file an action to recover losses for affected investors [4]. - The investigation was prompted by CSX's announcement on October 17, 2024, regarding the subpoena and the identification of misstatements in its financial statements [2]. Group 2: Investor Eligibility - Any investor who purchased CSX Corporation common stock and experienced a decline in share value may be eligible to participate in the investigation, regardless of whether they have sold their shares [3]. Group 3: Whistleblower Information - Individuals with non-public information about CSX Corporation are encouraged to assist in the investigation or file a report with the SEC under the whistleblower program, potentially receiving rewards of up to 30% of any successful recovery [6]. Group 4: Contact Information - Investors who have incurred losses are advised to contact Block & Leviton for further information on recovery options [5]. - Block & Leviton is recognized as a leading securities class action firm, having recovered billions for defrauded investors [7].