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Class-Action Lawsuit Adds To ExxonMobil’s Climate Change Woes

By David Hasemyer for Inside Climate News - ExxonMobil shareholders have filed a class-action lawsuit against the company, alleging it misled its investors and the public by failing to disclose the risks posed to its business by climate change. The alleged deception resulted in stockholders paying inflated prices for Exxon stock and subjected them to financial losses because the company knew the value of its oil reserves was less than what it was telling investors, according to the lawsuit filed in Texas federal court earlier this month.

SEC Probe Called Possible ‘Moment Of Reckoning’ For Exxon’s Climate Crimes

By Lauren McCauley for Common Dreams - Citing "people familiar with the matter," the Wall Street Journal reported Tuesday that "[t]he SEC sought information and documents in August from Exxon as well as the company’s auditor, PricewaterhouseCoopers LLP. The federal agency has also been receiving documents that the company submitted as part of a continuing probe into similar issues begun last year by New York Attorney General Eric Schneiderman."

Attorney Generals Investigating ExxonMobil Refuse Congress

By Michael Virtanen for the Associated Press. Republicans on the House Committee on Science, Space and Technology sent a letter to 17 attorneys general on May 18th claiming that they were being influenced by environmental activists and were seeking all communications between their offices and environmental groups. They are also seeking documents related to communications among the attorneys general about their investigations of ExxonMobil. Below is an article about the response from Attorney General Eric Schneiderman. In addition, the Baltimore Sun reported that Maryland "struck back with a withering reply" to Rep. Lamar Smith who chairs the committee, which included: "You state, without any foundation, that the actions of this office 'may even amount to an abuse of prosecutorial discretion.' If you have any basis whatsoever for that assertion, please let us know what it is. Absent such explanation, your letter looks like an attempt to intimidate this office or to thwart it from performing its constitutional functions."

GOP Gets Middle Finger For #ExxonKnew Ploy

By Lauren McCauley for Common Dreams - Environmental groups that have become targets of a Republican-led effort to insulate ExxonMobil against accusations of fraud and climate science suppression dug in a bit deeper on Wednesday by refusing to submit to a Congressional inquiry on the matter. As Common Dreams previously reported, House Republicans with the Committee on Space, Science and Technology sent a letter (pdf) on May 18th to 17 attorneys general and eight environmental organizations—including 350.org, Greenpeace, and the Union of Concerned Scientists

New Twist In Exxon’s Legal Woes Over Climate Change

By John H. Cushman Jr. for Inside Climate News - A short stretch up the Mystic River from Boston Harbor, an oil transfer and storage station operated by ExxonMobil sits at the verge of a high-tide mark that is plainly visible along the blackened shoreline. That terminal in Everett, Mass., according to the Conservation Law Foundation, routinely violates the legal limits of the company's federal operating permits, usually because of stormy weather. What's more, the New England advocacy group says, the company is knowingly putting local people at risk in the face of imminent climate risks...

Alabama & Texas Take Side Of ExxonMobil In Climate Investigation

By David Hasemyer for Inside Climate News - The top law enforcement officials of Texas and Alabama are jumping in on the side of ExxonMobil, objecting to a racketeering investigation of the oil giant by the attorney general of the U.S. Virgin Islands. The attorneys general of Texas and Alabama filed notice that they intend to intervene in the case, contending that Virgin Islands Attorney General Claude Walker is abusing his authority. According to Texas Attorney General Ken Paxton and Alabama Attorney General Luther Strange, Walker overstepped his bounds in opening the investigation that has no legal basis.

Exxon Knew: Lawyers Warn Other Corps They Could Be Next

By Steve Horn for Desmog - Some of the country's biggest law firms have recently penned “client alert” memoranda, suggesting to their clients that they closely monitor the ongoing Attorneys General investigations occurring in states nationwide on the potentially fraudulent behavior of ExxonMobil. DeSmog tracked down alerts written by three different firms: Crowell & Moring, Pillsbury Winthrop Shaw Pittman, as well as King & Spalding. All of them have maintained fossil fuel industry clients as well as tobacco industry clients, a DeSmog review has revealed.

Exxon Fights Subpoena Widening Climate Probe

By Bob Simison and David Hasemyer for Inside Climate Change - ExxonMobil Corp. sued to block a subpoena issued last month by the attorney general of the U.S. Virgin Islands seeking almost 40 years of documents on climate change. In his demand for records, Virgin Islands Attorney General Claude Walker said Exxon may have violated the territory's anti-racketeering law, defrauding the government and consumers with the company's statements on climate change. It is the first time a prosecutor has cited racketeering law to probe Exxon over its longtime denial of climate change and its products' role in it, according to legal authorities.

Investigation Of Exxon Draws Attention Of 18 Attorneys General

By David Hasemyer And Sabrina Shankman for Inside Climate News - A new coalition of state attorneys general gave vocal notice to fossil fuel companies on Tuesday that obfuscating the realities of climate change has put ExxonMobil and its peers under the searchlight of a broadening multistate investigation. Announcing an alliance of top state law enforcement officers to press for urgent climate action on multiple legal fronts, New York Attorney General Eric Schneiderman was joined by six of his counterparts, their ranks bolstered by aides from 10 additional states and the District of Columbia.

Newsletter: Using Courts To Build The Movement

By Kevin Zeese and Margaret Flowers. The worst crimes of US history have been protected by law – slavery, taking of Indigenous lands, attacks on unions, denying women the vote and money as speech in elections. As a result, when politicians say we are a nation of laws, it often means the courts will be used to protect corporate interests in making a profit even if doing so destroys communities, people and the environment. But, courts do not always side with the corporations and government. There are times when an enlightenment comes to the judiciary and some begin to rule for the people or their communities. This happens because even courts reflect the political moment – or zeitgeist – when the culture takes a turn thanks to people organizing to express their interests wherever they can. We may be at the beginning of such a moment, perhaps too soon to say and perhaps we are being optimistic. It shows the importance of the movement building national consensus because such consensus impacts everything.

Justice Department Refers Exxon InvestigationTo FBI

By David Hasemyer for Inside Climate News - The U.S. Justice Department has forwarded a request from two congressmen seeking a federal probe of ExxonMobil to the FBI's criminal division. U.S. Representatives Ted Lieu and Mark DeSaulnier sought the probe last year to determine whether the oil giant violated federal laws by "failing to disclose truthful information" about climate change. In response, the Justice Department deferred to the FBI, saying it is that agency's responsibility to conduct an initial assessment of facts that prompted the congressmen's request.

Scientists Tell Largest Science Organization To Reject Exxon

By The Natural History Museum. Cambridge, MA — On February 22, 2016, more than 100* geoscientists sent a letter (also attached) to the President of the American Geophysical Union (AGU) - the world’s largest association of Earth scientists - calling for an end to ExxonMobil sponsorship of AGU in a stand against climate science disinformation. “As Earth scientists, we are deeply troubled by the well-documented complicity of ExxonMobil in climate denial and misinformation…By allowing Exxon to appropriate AGU’s institutional social license to help legitimize the company’s climate misinformation, AGU is undermining its stated values as well as the work of many of its own members,” states the letter.

EU Promised ExxonMobil TTIP Would Erase Enviro Obstacles

By Arthur Neslen for The Guardian - The European Union’s trade commissioner told the multinational oil company ExxonMobil that a major free trade deal being negotiated with the US would help remove obstacles to fossil fuel development in Africa and South America, documents obtained by the Guardian reveal. At a meeting in Brussels in October 2013, Karel de Gucht told the firm that the Transatlantic Trade and Investment Partnership (TTIP) could address its concerns about regulations in developing countries that restrict the company’s activities.

Newsletter: Global Solidarity Is Rising

By Kevin Zeese and Margaret Flowers for Popular Resistance. A key ingredient of previous successful campaigns to stop 'free trade' agreements is cross-border solidarity. Uniting struggles globally, as well as locally, is critical for other issues as well. Via Campesina, a movement started by peasants in 1993, has grown to become a global movement that recognizes the intersectionality between food security, land rights, the climate crisis and transnational corporate power. They work together to both resist harmful policies and to create necessary alternatives by organizing seed exchanges and impacting public policy. Similarly, global solidarity is increasing around the climate crisis.

How Strong Is Legal Case Against Exxon/Mobil On Climate Denialism?

By Reynard Loki for AlterNet - For the past few months, New York State Attorney General Eric Schneiderman has been investigating ExxonMobil to determine if the world's largest publicly traded international oil and gas company lied to the public or investors about the risks of climate change to its future business, based on the firm’s own internal studies. In November, Schneiderman issued a subpoena demanding a wide range of documents, including emails and financial documents.

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