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SEC subpoenas CSX over misstatements in financial reports

By Yahoo! Finance   |   Oct 17, 2024 at 09:25 PM EST
SEC subpoenas CSX over misstatements in financial reports

CSX Corp. received a subpoena from the SEC regarding misstatements in financial reports, with ongoing investigations and information requests. Despite flat revenue in the second quarter, recent reports show revenue and operating income increases, with impacts from hurricanes.

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