This story originally appeared on Trains.com.
JACKSONVILLE, Fla. — The Securities and Exchange Commission has subpoenaed CSX Corp. regarding misstatements in previously financial reports, CSX said in its latest quarterly filing with the government agency.
CSX delayed its second-quarter financial reports by about two weeks as it reviewed accounting regarding capitalization of engineering materials and labor costs, a move the company announced in July. The CSX report to the SEC for the second...
https://www.freightwaves.com/news/sec-subpoenas-csx-over-misstatements-in-financial-reports