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Stock impact report

Exxon hit with $725.5 million verdict over mechanic's leukemia diagnosis [Reuters]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Company Research Source: Reuters
The 10-2 verdict came on Thursday, attorneys said, after a trial in a state court in Philadelphia, where former mechanic Paul Gill alleged he was exposed to benzene in ExxonMobil products while working at a gas station between 1975 and 1980. Following the trial that lasted just over a week, the jury found Exxon liable for negligently failing to warn about the health risks of benzene, which the U.S. Environmental Protect Agency (EPA) has classified as a known carcinogen. The entire verdict was in compensatory damages, according to Gill's attorneys. An Exxon spokesperson called the verdict “irrational” and said the company would ask the court to reverse it, and that it planned to “exhaust all available appeals.” The 67-year-old former mechanic said in his 2020 lawsuit that he used petroleum products to clean car parts with his bare hands, which exposed him to benzene through direct skin contact and inhalation. He was diagnosed with acute myeloid leukemia, a type of blood cancer Show less Read more
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