New York, New York--(Newsfile Corp. - February 21, 2023) - Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Norfolk Southern Corporation ("Norfolk Southern") (NYSE: NSC) breached their fiduciary duties to Norfolk Southern and its shareholders.
The investigation concerns whether members of Norfolk Southern's board of directors or senior management failed to manage Norfolk Southern in an acceptable manner, in breach of their fiduciary duties to Norfolk Southern, and whether Norfolk Southern and its shareholders have suffered damages as a result.
On February 3, 2023, a Norfolk Southern train derailed around East Palestine, Ohio, near the border with Pennsylvania, leaking toxins such as vinyl chloride, butyl acrylate, benzene residue, and other combustible liquids.
Norfolk Southern now faces numerous lawsuits and investigations from regulators and individuals stemming from the derailment.
NORFOLK SOUTHERN INVESTORS WHO HAVE HELD THEIR NSC STOCK SINCE AT LEAST FEBRUARY 2, 2023ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR SECURITIES.
SHAREHOLDERS OF NORFOLK SOUTHERN WHO HAVE HELD THEIR STOCK SINCE AT LEAST FEBRUARY 2, 2023 ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, MYARNOFF@KEHOELAWFIRM.COM, INFO@KEHOELAWFIRM.COM, TO LEARN MORE ABOUT THE INVESTIGATION OR POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/155664
