April 9 (Reuters) – U.S. railroad operator Norfolk Southern NSC.N said on Tuesday it had reached a $600 million deal to resolve a class action lawsuit related to the East Palestine, Ohio derailment last year.
The agreement, which needs to be approved by a 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, the company said in a statement.
The deal does not include any admission of liability, wrongdoing, or fault, Norfolk said.
(Reporting by Abhinav Parmar in Bengaluru; Editing by Sriraj Kalluvila)
Photo: This photo taken with a drone shows portions of a Norfolk and Southern freight train that derailed Friday night in East Palestine, Ohio are still on fire at mid-day Saturday, Feb. 4, 2023. (AP Photo/Gene J. Puskar)
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