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Mealey's Securities/D&O Liability - ExxonMobil Hit With Suit Over Misrepresentations Concerning Climate Change

BOSTON - Massachusetts Attorney General Maura Healey sued Exxon Mobile Corp. in Massachusetts state court on Oct. 24, arguing that the oil and gas company engaged in deceptive advertising to the state's consumers and issued misrepresentations to investors in Massachusetts concealing the risks posed to ExxonMobil's business and financial condition by fossil fuel-driven climate change (Commonwealth of Massachusetts v. Exxon Mobil Corp., No. 19-3333, Mass. Super., Suffolk Co.).
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