Here’s What You Need To Know About Today’s Historic Climate Fraud Case Against Exxon
Zahra Hirji & Dan Vergano, Buzzfeed, October 22, 2019
The New York attorney general is taking ExxonMobil to trial in a historic case Tuesday, accusing the oil giant of misleading investors about the company’s financial risks due to climate change.
Under the direction of Attorney General Letitia James, this is the first climate fraud lawsuit to go to trial in the United States. James is acting under New York’s Martin Act, a 1921 anti-fraud law meant to protect investors against false statements, even ones made without proof of intent to deceive.
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