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NEW YORK | New York says Exxon misled investors about climate risks

NEW YORK | New York says Exxon misled investors about climate risks

NEW YORK  — New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has Misled Investors about the risks that climate change poses to its operations.

The lawsuit filed by Attorney General Barbara Underwood is the latest in a series of actions against the company claiming it has not been forthcoming with Investors and the public about climate change.

The complaint states Exxon courted investors such as the state’s public pension funds with inaccurate information, assuring them it was accounting for the possibility of stricter regulations of greenhouse gas emission in its planning, when it was doing much less than it claimed.

Continue reading NEW YORK | New York says Exxon Misled Investors about climate risks at STL.News.



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