NEW YORK, Feb 27 (Reuters) - A federal judge on Thursday

dismissed a lawsuit accusing Norfolk Southern ( NSC ) of causing

hundreds of millions of dollars of losses for bondholders by

concealing safety risks prior to the February 2023 derailment in

East Palestine, Ohio of a train carrying hazardous chemicals.

U.S. District Judge Lewis Kaplan in Manhattan found no proof

the railroad's statements in offering materials about its focus

on safety were false, or to support the bondholders' claim that

Norfolk Southern ( NSC ) was "cutting corners" and sacrificing safety

for profits.