Houston Chronicle You’d expect most companies accused of a longstanding fraudulent scheme to be thrilled if the government dropped those claims against them. Not so for Exxon Mobil Corp. The energy giant unleashed a torrent of criticism against New York Attorney General Letitia James in court filings Monday, more than a week after the state sought to drop two out
Source: Reuters NEW YORK (Reuters) – Lawyers for New York state and Exxon Mobil Corp (XOM.N) delivered closing arguments in a closely watched trial accusing the oil company of hiding from investors the true cost of addressing climate change. The case, filed in October 2018 in Manhattan state court, was the first of several climate-related lawsuits against major oil companies
Former Exxon Mobil Corp. Chief Executive Officer Rex Tillerson rejected the New York attorney general’s claim that for years he spearheaded a secret scheme to defraud investors by lying about how the oil company planned for the financial risks of climate change. Tillerson, called as a witness by the state, testified for 3 { hours in Manhattan on Wednesday in
Reuters Former Exxon Mobil Corp Chief Executive Rex Tillerson is expected to take the stand on Wednesday in a closely watched civil lawsuit accusing the company of hiding the true cost of climate change from investors. The case in Manhattan state court, which kicked off last week, is the first of several lawsuits pending against major oil companies related to
Secretary of State Nominee Rex Tillerson will put two million shares of ExxonMobil into a blind trust Former CEO of ExxonMobil (ticker: XOM) Rex Tillerson has reached an agreement with the company to eliminate any conflicts of interests he has in order to serve as secretary of state in the Donald Trump administration, Exxon said in a press release Tuesday.
ExxonMobil Chairman and CEO chosen to be the United States’ most powerful diplomat, 4th in line to succeed the president President-elect Donald Trump announced Tuesday that his pick for secretary of state will be ExxonMobil Corp. (ticker: XOM) Chairman and CEO Rex Tillerson. “His tenacity, broad experience and deep understanding of geopolitics make him an excellent choice for Secretary of
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