Rail Company To Pay $600M In Suit Over Derailment

The Associated Press reports:

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio. The company said the agreement, if approved by the court, will resolve all class action claims within a 20-mile radius from the derailment and, for those residents who choose to participate, personal injury claims within a 10-mile radius from the derailment.

Norfolk Southern said Tuesday that individuals and businesses will be able to use compensation from the settlement in any manner they see fit to address potential adverse impacts from the derailment, which could include health care needs, property restoration and compensation for any net business loss. Individuals within 10-miles of the derailment may choose to receive additional compensation for any past, current, or future personal injury from the derailment.

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BREAKING: Norfolk Southern agrees to pay $600M in settlement related to train derailment in eastern Ohio https://t.co/AizMCEYVKz

— The Associated Press (@AP) April 9, 2024