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.