Exxon can sue California's AG for defamation over recycling comments, judge rules [Fortune]
Exxon Mobil Corporation (XOM)
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Source: Fortune
Recommended Video U.S. District Judge Michael J. Truncale in the Eastern District of Texas said in a ruling earlier this month that California Attorney General Rob Bonta cannot claim official immunity in regards to several statements he made, including one in a campaign email sent to Texas residents. Bonta sued Exxon in September 2024, saying that the oil giant encouraged consumers to purchase plastics products with the promise that the products would be recycled. He said less than 5% of plastic is recycled into another plastic product, and that recycling processes touted by Exxon don't work. Exxon said the problem is with California's recycling system. Exxon later sued Bonta in his individual capacity and environmental groups for defamation, saying that the comments harmed current and future business contracts. The lawsuit was filed in Texas, near its principal place of business. Truncale dismissed the lawsuit against the environmental groups but allowed it to proceed agains
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- 2/20/26 - Form 8-K
- 2/18/26 - Form S-3ASR
- 2/18/26 - Form 10-K
- XOM's page on the SEC website