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Mealeys

Mealey's Securities/D&O Liability - Justice Rules In Favor Of Exxon In New York AG's Climate Change Securities Suit

NEW YORK - The Office of the Attorney General (AG) of New York failed to sufficiently plead that Exxon Mobil Corp. engaged in a years-long scheme to misrepresent the risk of climate change regulations to investors in violation of the Martin Act and other New York law, a New York justice ruled Dec. 10 (People of the State of New York v. Exxon Mobil Corp., No. 452044/2018, N.Y. Sup., New York Co.).
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