NSC Alert: Monsey Law Firm of Wohl & Fruchter LLP Investigating Officers and Directors of Norfolk Southern Corporation for Potential Violations of Delaware Law In Connection With Train Derailment

Core Insights - Norfolk Southern Corporation (NSC) has agreed to a $600 million settlement to address class action claims related to a train derailment incident [1] - The Department of Justice and Environmental Protection Agency announced a separate $310 million settlement with NSC for cleanup costs and safety enhancements following the same incident [3] - Wohl & Fruchter LLP is investigating potential breaches of fiduciary duties by NSC's officers and directors in relation to the derailment that occurred on February 3, 2023 [5] Settlement Details - The $600 million settlement will cover claims within a 20-mile radius for class action and a 10-mile radius for personal injury claims [1] - The $310 million settlement includes funds for past and future cleanup costs, enhanced rail safety, health monitoring, and other related expenses [3] Legal Investigation - Wohl & Fruchter LLP is looking into whether NSC's leadership violated their fiduciary duties under Delaware law due to the derailment incident [5]