SHAREHOLDER ALERT: Investigation of CSX Corporation (CSX) Announced by Johnson Fistel, LLP

Globe Newswire 18-Oct-2024 11:04 AM

SAN DIEGO, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating claims on behalf of investors of CSX Corporation (NASDAQ:CSX) for potential violations of securities laws. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.

What if I acquired CSX Securities? If you acquired CSX securities and suffered losses on your investment, join our investigation now: www.johnsonfistel.com/investigations/csx-corporation. For more information, contact Jim Baker at jimb@johnsonfistel.com or (619) 814-4471. There is no cost or obligation to you.

What is Johnson Fistel investigating? On October 17, 2024, Bloomberg published an article that states CSX "received a subpoena from the US Securities and Exchange Commission focused on previously disclosed accounting errors and certain non-financial performance metrics." According to the article, "The subpoena asked the railroad company to produce documents about accounting mistakes CSX disclosed in its previous quarterly report, according to a regulatory filing on Thursday. The company received the subpoena this month and is cooperating with the probe, CSX said in the filing."

About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit www.johnsonfistel.com.

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Contact:
Johnson Fistel, LLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
jimb@johnsonfistel.com or fjohnson@johnsonfistel.com