Trial over Exxon’s climate-change fraud due to wrap up
New York state claims the oil giant hid the true costs of curbing climate change from its investors
07 November 2019 - 14:36
New York — Lawyers for New York state and ExxonMobil will make closing arguments on Friday in the closely watched trial in the state’s lawsuit charging that the oil major hid the true costs of regulations aimed at curbing climate change from its investors.
The case, filed in October 2018 in Manhattan state court, was the first of several climate-related lawsuits against major oil companies to go to trial. It featured testimony from investors, experts and former Exxon CEO Rex Tillerson, who flatly denied the allegations against the company...
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