CSX INVESTIGATION ALERT: Investigation Launched into CSX Corporation and Attorneys Encourage Investors with Substantial Losses or Witnesses with Relevant Information to Contact Law Firm

PRNewswire 9-Nov-2024 9:55 AM

SAN DIEGO, Nov. 8, 2024 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving CSX Corporation (NASDAQ:CSX) focused on whether the company as well as certain of its top executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in the CSX investigation or if you are a CSX investor who suffered a loss and would like to learn more, you can provide your information here:

https://www.rgrdlaw.com/cases-csx-corporation-investigation-csx.html.

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.

THE COMPANY: CSX, together with its subsidiaries, provides rail-based freight transportation services.

THE REVELATION: On October 17, 2024, CSX disclosed that "[i]n October 2024, [CSX] received a subpoena from the Enforcement Division of the U.S. Securities and Exchange Commission ('SEC') requesting information relating to, among other things, the accounting restatement disclosed in [CSX]'s August 5, 2024 10-Q" and that CSX "has also been responding to information requests by the SEC related to certain of [CSX]'s non-financial performance metrics." Following this news, CSX's stock price fell.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud cases. Our Firm has been #1 in the ISS Securities Class Action Services rankings for six out of the last ten years for securing the most monetary relief for investors. We recovered $6.6 billion for investors in securities-related class action cases – over $2.2 billion more than any other law firm in the last four years. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html.

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SOURCE Robbins Geller Rudman & Dowd LLP