Norfolk Southern Corporation Senior Notes

Ticker: N/A

Class Period Start: 02/04/2021

Class Period End: 05/16/2023

Registration Deadline: 07/17/2023

A securities class action has been filed in the USDC – S.D.N.Y. against Norfolk Southern (“Norfolk Southern” or the “Company”) on behalf of a “Class” of all persons and entities that purchased or otherwise acquired Norfolk Southern senior notes (the “Senior Notes”) pursuant, or traceable, or both, to the Company’s offering. 



On February 4, 2021, Norfolk Southern filed with the SEC a shelf registration statement on Form S-3 ASR (the “2021 Registration Statement”) authorizing the Company to sell various types of securities to public investors, including debt securities. Between 2021 and 2023, Norfolk Southern filed with the SEC five prospectus supplements in connection with the 2021 Registration Statement on Forms 424B5. Pursuant to these prospectus supplements, Norfolk Southern issued seven different Senior Notes for total proceeds of $3.95 billion (the “2021-2023 Offerings”). The “Offerings” include the 2021-2023 Offerings. Likewise, the “Offering Materials” referred to herein include the 2021 Registration Statement and the five related prospectus supplements.

The Offering Materials were negligently prepared and, as a result, contained untrue statements of material fact, omitted material facts necessary to make the statements contained therein not misleading, and failed to make necessary disclosures required under the rules and regulations governing its preparation.

The undisclosed adverse facts and circumstances detailed above made an investment in the Senior Notes speculative or risky, and presented known trends, uncertainties, and risks that required disclosure in the Offerings Materials which were not disclosed, including adverse trends and risks related to the safety of Norfolk Southern’s operations.


As a result of these misleading statements and omissions, the price of the Senior Notes dropped significantly causing hundreds of millions of dollars in damages to holders of the Senior Notes.


If you purchased Norfolk Southern Senior Notes during the Class Period and would like to receive more information or join the action, please enter your contact information below and click “Submit Your Information”


About Lowey Dannenberg

Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.

If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.

An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.



Please Note

Neither the submission to nor the receipt of information by Lowey Dannenberg or one of its attorneys through this website constitutes an agreement by our firm to represent the individual and does not create an attorney-client relationship. Please do not send confidential or sensitive information through this website. This information should be communicated through a direct contact with an individual at the firm.

* Indicates a required field.

Signed pursuant to California Civil Code Section 1633.1, et seq. - and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.