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Railroad agrees to $600 million settlement for fiery Ohio derailment, residents fear it’s not enough

www.opb.org Railroad agrees to $600 million settlement for fiery Ohio derailment, residents fear it’s not enough

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

Railroad agrees to $600 million settlement for fiery Ohio derailment, residents fear it’s not enough

Per this source, a 25 mile radius includes 585,000 people. That means (before lawyer fees so imagine half in actuality), Norfolk-Southern wants to give $1,000 per person for permanently poisoning not only their property but their body which is now forever scarred. This was filed for approval by the Plaintiff (people hurt) but as shown in the story and simple math show this can't be appropriate for a company with billions in revenue. Unfortunately this may also (not sure about insurance's involvement) represent a third of their cash on hand 2023 Annual Report pdf page 58/their k48. I personally believe this is unjust and would love to hear other opinions and/or other information such as the index number for this (I have not diligently searched/PACER looked, but usually at least one news sources mentions a caption or docket number).

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