Funds

Funds Say Norfolk Southern Can’t Ditch Derailment Fraud Suit


By Linda Chiem (August 26, 2024, 8:11 PM EDT) — Pension funds have told a Georgia federal judge that they’ve laid out in exacting detail how Norfolk Southern eroded safety standards by embarking on risky cost-cutting moves and slashing its workforce, culminating in last year’s fiery derailment in East Palestine, Ohio, and ultimately backfiring on investors….

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