Exxon Misled Investors About Climate Risks, Suit Says
ExxonMobil Corp. is misleading investors about the drop in its oil and gas reserves resulting from climate change risks and the decline in oil prices, according to a class action lawsuit filed in federal court ( Ramirez v. ExxonMobil Corp. , N.D. Tex., No. 16-cv-03111, complaint 11/7/16 ).