Norfolk Southern Corp. on Thursday agreed to spend about $1 billion on cleanups, monitoring and compensation to victims to settle lawsuits by the Justice Department and affected residents over the railroad operator’s February 2023 train derailment in East Palestine, Ohio.
That includes the proposed resolution of a class action suit, in which Norfolk Southern promises to pay $600 million for compensation for injuries resulting from exposure to harmful chemicals.
A DOJ official said Norfolk Southern is not expressly admitting liability or wrongdoing with these settlements, including in the class action suit.
