New York declines to appeal ruling in Exxon fraud suit

January 13, 2020
New York has effectively ended the state’s case alleging ExxonMobil defrauded investors over its risks from climate change even as the company faces a separate fraud complaint from Massachusetts. Bloomberg reports Attorney General (AG) Letitia James (D) is declining to appeal the state’s trial court loss in its suit claiming oil giant ExxonMobil defrauded, effectively ending the state’s case even as Exxon on James’ decision, which she announced late Jan. 10 without a reason. Despite deciding not to pursue...

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