Kansas City Southern (KSU)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kansas City Southern ("Kansas City Southern" or "the Company") (NYSE: KSU). The investigation concerns whether Kansas City Southern and certain of its officers and/or directors have violated federal securities laws.
On July 8, 2021, the Wall Street Journal published an article entitled “Biden to Target Railroads, Ocean Shipping in Executive Order.” The article reported, in part, that the Biden administration is expected to ask “the federal Maritime Commission and the Surface Transportation Board to combat what it calls a pattern of consolidation and aggressive pricing”—by railroad companies like Kansas City Southern, among others—“that has made it onerously expensive for American companies to transport goods to market.” On this news, Kansas City Southern’s stock price fell $22.46 per share, or 7.87%, to close at $262.79 per share on July 8, 2021.
If you are aware of any facts relating to this investigation, or purchased Kansas City Southern shares, you can assist this investigation. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.