Norfolk Southern agrees to settlement related to train derailment in Ohio [Video]

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio.Video above: President Biden delivers remarks in East Palestine, Ohio, in FebruaryThe company said the agreement, if approved by the 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 from the derailment.About 50 cars of the freight train — which had roughly 150 cars and three locomotives — derailed on the outskirts of East Palestine, near the Pennsylvania state line, with some cars transporting hazardous materials. An evacuation covered 1,500 to 2,000 of the town’s approximately 4,800 to 4,900 residents.Norfolk Southern said Tuesday that individuals and businesses will be able to use compensation from the settlement in any manner they see fit to address potential adverse …