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Ohio sues Norfolk Southern over East Palestine derailment - TL;DR CNBC

Ohio sues Norfolk Southern over East Palestine derailment

Publishing timestamp: 2023-03-14 16:13:11


Summary

Ohio is suing Norfolk Southern over a train derailment carrying toxic materials in East Palestine last month. The state is seeking damages, civil penalties, and a declaratory judgement that Norfolk Southern is responsible for the incident. The lawsuit alleges several violations of state and federal law pertaining to hazardous waste, water pollution, air pollution, and common law negligence. The state is seeking repayment of costs including for natural resource damages, emergency responses, and economic harm to the state and its residents. Norfolk Southern executives have met with Ohio's attorney general to discuss assistance programs the company will establish alongside Yost's office and others from the community. The derailment is one of many Norfolk Southern derailments and hazmat incidents, according to the complaint filed in U.S. District Court for Northern District of Ohio.


Sentiment: NEGATIVE

Tickers: NSC

Keywords: lawsuitstransportationbusiness newstechnologybusinessnorfolk southern corp

Source: https://www.cnbc.com/2023/03/14/ohio-sues-norfolk-southern-over-east-palestine-derailment.html


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