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Fentress v. Exxon Mobil Corporation et al
Case Number:
4:16-cv-03484
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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February 04, 2019
Exxon Mobil Sinks ERISA Climate Change Class Action
Exxon Mobil Corp. executives defeated a proposed Employee Retirement Income Security Act class action over the impact of climate change disclosures on workers' retirement savings when a Texas federal judge ruled Monday that the workers' claims failed the U.S. Supreme Court's test for stock-drop suits.
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March 30, 2018
Exxon Mobil Escapes ERISA Climate Change Case, For Now
A Texas federal judge Friday freed Exxon Mobil Corp. — at least temporarily — from a proposed class action over the impact of its climate change disclosures on employee retirement savings, saying that though the idea of profiting off global harm may not fit with "ethical norms," the Employee Retirement Income Security Act couldn't cure the investors' woes.
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June 06, 2017
Exxon Should Face ERISA Climate Suit, Former Worker Says
Current and former Exxon Mobil Corp. employees on Monday asked a Texas federal court to reject a bid to dismiss their putative class action under the Employee Retirement Income Security Act alleging that the company's purportedly fraudulent climate change disclosures caused their retirement savings to take a hit.
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April 05, 2017
ExxonMobil Wants ERISA Climate Change Case Tossed
Exxon Mobil Corp. asked a Texas federal court on Tuesday to dismiss a putative class action suit brought by current and former employees under the Employee Retirement Income Security Act that alleges the oil giant hid its knowledge of climate change causing its retirement plan to lose value, arguing that the company made proper disclosures and the complaint didn’t meet the standard set by precedent.
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November 23, 2016
Former Exxon Worker Says Climate Risk Denial Hurt Savings
A former employee of Exxon Mobil Corp. lodged a class action lawsuit in Houston federal court Wednesday that says current and former workers' retirement savings have taken a hit as a result of the $360 billion energy giant's fraudulent denial that global warming would affect the value of its oil and gas reserves.