Exxon Mobil Goes on Trial This Week

Oct. 21, 2019, 10:55 AM UTC

Exxon Mobil Corp. goes on trial this week in New York over whether it allegedly defrauded investors on the risks the company faces from climate change.

  • The case, filed in 2018, centers on allegations that Exxon misled investors on the financial impact to the company from climate change and any regulations meant to reduce greenhouse gas emissions. The trial, which begins Tuesday, is expected to last three weeks.
  • Democrats in Congress also are giving the issue a platform: The House oversight panel’s civil rights and civil liberties subcommittee has scheduled a Wednesday hearing on “Examining the Oil Industry’s ...

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