CSX INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into CSX Corporation and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm

SAN DIEGO, Oct. 18, 2024 (GLOBE NEWSWIRE) — 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 and 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 [email protected].

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
 
Past results do not guarantee future outcomes.  
Services may be performed by attorneys in any of our offices. 

Contact:

Robbins Geller Rudman & Dowd LLP 
J.C. Sanchez, Jennifer N. Caringal
655 W. Broadway, Suite 1900, San Diego, CA 92101 
800-449-4900 
[email protected]

An image accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/efa3b242-7d97-46f0-be35-d4c9540d9ae3

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