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ExxonMobil wants justices on Massachusetts’ highest court to block an investigation by the state attorney’s office into Exxon’s corporate records. Its reason seems spurious. Corporate lawyers argue a state should not be able to seek material that addresses whether the company misled the public.
We should be able to find out whether they knew about impact of fossil fuels on global warming so they should have said more in those advertisements.
The state of Massachusetts isn’t the only government that is probing whether ExxonMobi misled stakeholders over the years about the potential link between its products and climate change. New York State Attorney Eric Schneiderman said in June that he was in possession of “potential materially false and misleading statements by Exxon” that suggest it misled investors about its operations and its impact on the climate. ExxonMobil has also heard from its shareholders in more recent years, who have said they want climate change risks clarified and addressed.
Read the full article on withholding climate change research by Jan Lee at TriplePundit