November 05, 2018
A Texas federal judge on Monday rejected Exxon Mobil Corp's request for reconsideration of his decision to let a putative securities fraud class action claiming the oil giant hid its climate change knowledge go forward and also denied the company's' bid to have the matter immediately appealed.
October 03, 2018
Investors urged a Texas federal court to deny Exxon Mobil Corp.'s request to take a second look at the court's decision to advance the bulk of a proposed securities fraud class action alleging the oil giant concealed its climate change knowledge.
September 12, 2018
Exxon Mobil Corp. has asked a Texas federal judge to rethink his decision to let investors proceed with a putative class action that accuses the oil giant of hiding its climate change knowledge, arguing the complaint lacked evidence of the executives' mindsets when the allegedly misleading statements were made.
August 14, 2018
A Texas federal judge denied Exxon Mobil Corp.'s bid to nix a putative securities fraud class action accusing the oil giant of concealing its climate change knowledge, ruling Tuesday that investors sufficiently pled alleged misstatements and mostly met the heightened pleading standard for bringing the suit.
November 22, 2017
Investors accusing Exxon Mobil Corp. of concealing its climate change knowledge said Tuesday that the company is glossing over clearly false and misleading statements it made over its climate change costs when it argued that their proposed class action parrots a politically motivated and "baseless" investigation pursued by New York Attorney General Eric Schneiderman.
September 27, 2017
Exxon Mobil Corp. on Tuesday urged a Texas federal judge to dump a proposed class action accusing the oil giant of concealing its climate change knowledge from investors, arguing that the investors are merely "riding the coattails" of a politically motivated and "baseless" climate investigation pursued by New York Attorney General Eric Schneiderman.
November 14, 2016
A proposed class action accusing Exxon Mobil Corp. of concealing its knowledge of climate change from shareholders could spark similar suits against other fossil fuel producers, but proving companies knew that looming climate rules would render their assets economically unviable will be a tall task for investors, experts say.
November 07, 2016
A proposed class of investors added its woes to an increasing pile of claims against ExxonMobil over whether the company concealed its knowledge about climate change, accusing the energy giant Monday of lying about its fuel reserves in part to score a $12 billion debt offering.