ExxonMobil On Trial For Allegedly Misleading Investors

The New York Attorney General accused Exxon Mobil of misleading investors about the impact of climate change on its business. The lawsuit claims Exxon used different calculations for investors and internal purposes, leading to an overvaluation of its stock. Exxon denies wrongdoing, calling the suit politically motivated. A loss could damage Exxon's finances and reputation and lead to more lawsuits.

What allegations did the New York Attorney General make against Exxon Mobil?

How did Exxon Mobil allegedly mislead investors regarding greenhouse gas regulations?

What impact did the AG's office claim the misleading information had on investors?

What is Exxon Mobil's stance regarding the lawsuit filed against them?

What were the potential consequences for Exxon Mobil if they lose the lawsuit?