Kansas City Southern

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Kansas City Southern (NYSE: KSU) resulting from allegations that KCS may have issued materially misleading business information to the investing public.

If you purchased KCS securities and would like to join the action, please click “Join This Class Action.”

If you purchased KCS securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

On July 8, 2021, The Wall Street Journal published an article entitled “Biden to Target Railroads, Ocean Shipping in Executive Order” which reported, in part, that the Biden administration “will ask the Federal Maritime Commission and the Surface Transportation Board to combat what it calls a pattern of consolidation and aggressive pricing that has made it onerously expensive for American companies to transport goods to market.”

On this news, KCS’s stock price fell $22.46 per share, or 7%, to close at $262.79 per share on July 8, 2021, on unusually heavy trading volume.

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