People of the State of New York v. Exxon Mobil Corp.

People of the State of New York v. Exxon Mobil Corp. is a lawsuit filed on October 24, 2018, in the New York Supreme Court. The suit alleges fraud by Exxon Mobil Corporation to mislead the company's investors about management of risks posed by climate change.[1] On November 15, 2018, the court signed a preliminary conference order scheduling the trial to begin on October 23, 2019.[2]

People of the State of New York v. Exxon Mobil Corporation
Seal of the state of New York
CourtNew York Supreme Court
Full case namePeople of the State of New York v. Exxon Mobil Corporation

On October 22, the trial began before Judge Barry Ostrager, with opening statements by both sides. According to the New York Times, the case was "only the second climate change lawsuit to reach trial in the United States."[3] On November 7, 2019, the New York Attorney General dropped two of the four counts regarding civil fraud after admitting there was insufficient evidence to support the charges.[4]

On December 10, 2019, Justice Ostrager found for Exxon Mobil on the remaining counts accusing it of fraud.[5]

See also

References
  1. Larson, Erik (October 24, 2018). "New York Sues Exxon for Deceiving Investors on Climate Change". Bloomberg.com.
  2. "U.S. Climate Change Litigation". Arnold & Porter LLP.
  3. Schwartz, John (October 22, 2019). "Fossil Fuels on Trial: New York's Lawsuit Against Exxon Begins". The New York Times. Retrieved October 23, 2019.
  4. Ramey, Corinne. "New York Attorney General Drops Part of Exxon Case". WSJ.
  5. Ramey, Corinne. "Exxon Found Not Guilty of Fraud in Climate-Change Accounting Case". WSJ.

Further reading


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