People of New York v. Exxon Mobil Corp.
ELR Citation: 49 ELR 20199 No(s). 567 (N.Y. Dec 10, 2019) (Ostrager, J.)
New York's high court dismissed the state's securities fraud lawsuit concerning an oil company's accounting of climate change risks. The state argued that the company made misrepresentations and omissions that were material to its investors about how climate change would affect its business by using...