The State of New York sued Exxon Mobil for fraud on Wednesday, claiming that the fossil fuel company hid the potential impact of climate change from its investors. The lawsuit follows three years of investigation, started under disgraced former Attorney General Eric Schneiderman, who resigned in May over allegations that he abused women. The suit also comes just four […]
BLOOMBERG-FUNDED FELLOW SIGNED NY AG’S CLIMATE LAWSUIT AGAINST EXXON
One of the attorneys involved in New York’s climate lawsuit against ExxonMobil is a special assistant attorney general in the state who receives funding from former Mayor Michael Bloomberg. Matthew Eisenson, a special assistant in the New York AG’s office, signed a lawsuit the state filed Wednesday alleging Exxon misled investors about the risks the company’s oil […]
Climate change activists making energy the new tobacco?
Attorney General Barbara Underwood (D-N.Y.) claims that Exxon courted investors – such as the state’s public pension funds – with inaccurate information. It should be noted that New York’s lawsuit comes just months after the Securities and Exchange Commission dropped an investigation of its own. United States District Judge William Alsup – a Bill Clinton appointee – […]