Exxon Misled Investors Over Climate Risks, NY AG Says

By Keith Goldberg (June 2, 2017, 1:28 PM EDT) -- New York Attorney General Eric Schneiderman said Friday that ExxonMobil may have deceived investors about the climate change risks to its business in an ongoing fraud that stretched back to U.S. Secretary of State Rex Tillerson's time heading the oil giant.

New York Attorney General Eric Schneiderman's office urged a New York judge Friday to deny Exxon's bid to quash a subpoena seeking documents related to climate change risks. (AP) In a major escalation of Schneiderman's climate probe of Exxon, his office said in a brief filed in New York state court that it's uncovered "significant evidence of potential materially false...

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