2nd Circuit Affirms Dismissal Of Suit Over Norfolk Southern’s Alleged Misstatements

( March 4, 2026, 2:22 PM EST) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel affirmed the dismissal of investors’ securities fraud class action against Norfolk Southern Corp., certain executives and underwriters relating to the train derailment in East Palestine, Ohio, holding that certain statements were inactionable puffery and the others were not false....