Norfolk Southern has reached a $600 million settlement that, if approved by a court, will resolve all class-action lawsuits within 20 miles of its 2023 East Palestine, Ohio, derailment that spilled more than a million pounds of hazardous chemicals into the soil, water and air.
The rail company said the settlement is intended to offset costs related to the spill that sent a plume of toxic smoke into the air and displaced many residents and businesses.
“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,” the company said in a statement. “This could include healthcare needs and medical monitoring, property restoration and diminution, and compensation for any net business loss.”
The settlement also allows residents within 10 miles of the derailment to receive additional compensation.
In a court filing Tuesday, the plaintiffs said they expected to file a motion for the judge to approve the settlement within 10 days.
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@ISIDEWITH2yrs2Y
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@ISIDEWITH2yrs2Y
The real fine should be to turn over the railroads and all company assets to the public. If you were a suit you must give back all earnings until you only make minimum wage for last 5 years.
No bonuses. No stocks.
One giant middle finger to greed.
That's it?! Who tf these greedy corporations think they'll be making money off of after they kill us all?
@QuaintPaellaGreen2yrs2Y
"The company said that the settlement doesn’t include or constitute any admission of liability, wrongdoing, or fault."
@GrizzledBoaSocialist2yrs2Y
And the railroad company gets billions from the deep state to not disclose the intentional sabotage.
Same story as with Remington.
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