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Analysis

Exxon's Shareholder Suit Seen As An SEC Proxy Fight

By Jessica Corso (January 25, 2024, 11:26 PM EST) -- Although ExxonMobil Corp.'s recent decision to sue a pair of activist investors to block a proposed climate change vote is not without precedent, experts say it may reflect growing corporate frustration with the U.S. Securities and Exchange Commission's recent tonal shift on shareholder proposals to overhaul corporate environmental and social policies....

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