Norfolk Southern agrees to pay $600M in settlement related to train derailment in eastern Ohio
Source: Washington Post
April 9, 2024 at 8:11 a.m. EDT
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 Tuesday that 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 added 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 healthcare needs, property restoration and compensation for any net business loss. Individuals within 10-miles of the derailment may, at their discretion, choose to receive additional compensation for any past, current, or future personal injury from the derailment.
The company said that the settlement doesn’t include or constitute any admission of liability, wrongdoing, or fault.
Read more: https://www.washingtonpost.com/business/2024/04/09/norfolk-southern-ohio/532ed4da-f66a-11ee-9506-c8544e5c9d86_story.html
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