Climate Suit Backers See Differences With New York’s Failed Fraud Case

Supporters of a variety of novel climate change lawsuits are stressing the differences between their cases and New York’s failed securities fraud suit against oil giant ExxonMobil after a state trial court decisively rejected the Empire State’s case. New York Supreme Court Justice Barry Ostrager ruled Dec. 10 in New York v. ExxonMobil that the oil giant did not defraud investors over its risks from climate change, a highly anticipated yet unsurprising decision that rejected the two remaining claims...