Exxon Mobil Corp was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect workers from harassment.
Tag: Exxon
Exxon Found Not Guilty of Fraud in Climate-Change Accounting Case
A New York state judge found Exxon Mobil Corp. not guilty of fraud, saying Tuesday that the New York state attorney general had failed to establish the oil giant had deceived its investors about how it accounted for the cost of future climate-change regulations. The verdict, which capped a nearly three-week civil trial between Exxon… Continue reading Exxon Found Not Guilty of Fraud in Climate-Change Accounting Case
Exxon Trial Probes How Oil Giant Accounts for Climate Change
New York’s attorney general is accusing Exxon Mobil of lying to investors about how profitable the company will remain as governments impose stricter regulations to combat global warming. The lawsuit, which is set to go to trial Tuesday, claims the Texas energy giant kept two sets of books — one accounting for climate change regulations… Continue reading Exxon Trial Probes How Oil Giant Accounts for Climate Change