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.

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