Exxon is cleared in New York climate-change case [CNBC]
Exxon Mobil Corporation (XOM)
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Source: CNBC
's Attorney General failed to prove that Exxon "The Office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or omissions about its practices and procedures that misled any reasonable investor," Judge Barry Ostrager of the trial-level state Supreme Court wrote in his ruling. "The office of the Attorney General produced no testimony from any investor who claimed to have been misled by any disclosure, even though the Office of the Attorney General had previously represented it would call such individuals as trial witnesses," he added. Climate activists protest on the first day of the Exxon Mobil trial outside the State Supreme Court building on October 22, 2019 in City. Angela Weiss | AFP | Getty Images The $1.6 billion lawsuit brought by the attorney general's office alleged that Exxon deceived investors about the true cost of climate change. The trial, which began in October and was the first climate fraud l
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- 4/22/24 - Form PX14A6G
- 4/18/24 - Form PX14A6G
- 4/11/24 - Form DEFA14A
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