Exxon Slams NY AG's 'Circular' Analysis In Climate Trial

Law360, New York (November 6, 2019, 8:04 PM EST) -- Experts for Exxon told a New York state judge on Wednesday that the New York attorney general's economic analysis was flawed in many ways, as the oil giant wound up its defense in the landmark climate risk investor fraud trial.

New York claims that Exxon Mobil Corp. defrauded investors when it inflated its value with an internal climate risk metric it hid from the public and has been trying to prove its case in a bench trial before Justice Barry Ostrager that began more than two weeks ago.

Exxon spent its last two trial days bashing the New York attorney general's expert...

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