Exxon, BP, and Shell fall after New York City sues the major oil companies for misrepresenting their role in climate change

A federal judge on Thursday threw out a lawsuit brought by New York City against Exxon Mobil, Chevron and other oil companies for their role in contributing to climate change......»»

Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion by hiding the true cost of climate change regulation......»»

Exxon Mobil Prevails Over "Politically-.....»»

Attorneys for New York state say that climate change might be the defining risk for oil and gas companies in coming decades and that ExxonMobil misled investors about how it was handling that... To view the full story, click the title link......»»

The New York attorney general’s office dropped its claim that Exxon Mobil Corp. about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the... To view the full story, click the title link......»»

The New York attorney general’s office dropped its claim that Exxon Mobil Corp. about how it accounts for the financial risks of climate change, significantly diminishing the state’s case in the... To view the full story, click the title link......»»

Massachusetts sued Exxon Mobil Corp on Thursday, with the state's attorney general accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

'Exxon built a facade to deceive investors' .....»»

ew York Attorney General Barbara Underwood has filed a lawsuit against energy giant Exxon Mobil Corp., alleging that it misled investors about the true risks to its business posed by climate-change regulations......»»

New York's attorney general sued Exxon Mobil Corp on Wednesday, alleging that the world's largest oil company for years misled investors about the risks of climate change regulations on its business......»»

The state alleges the company misled shareholders by playing down the possible risks of climate-change regulations to its business......»»

New York's attorney general sued Exxon Mobil Corp (XOM.N) on Wednesday, alleging that the world's largest oil company for years misled investors about the risks of climate change regulations on its business......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Total SE exited the American Petroleum Institute, a lobbying group that counts major oil companies among its members, after deciding it wasn't aligned with the organization on climate change......»»

Cambridge, Massachusetts, will be the first US city to require its gas pumps to warn of gasoline's "major consequences," the Guardian .....»»

Shareholder activists prodding Exxon Mobil Corp on climate-change proposals are backing calls for an independent board chairman as the oil major steps up efforts to keep climate proposals off its ballot......»»

Norway's $1 trillion wealth fund will exclude four companies for their vast emissions of greenhouse gases, or at least put them on probation to force them to change, the chairman of its ethics watchdog told Reuters......»»

Law students want to cut off the supply of elite talent to firms that defend fossil fuel companies in climate change lawsuits......»»

BlackRock Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world's biggest investment manager, which has faced mounting concerns about its role as a major fossil fuel investor......»»