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Saturday, September 7, 2024
Courthouse News Service
Saturday, September 7, 2024 | Back issues
Courthouse News Service Courthouse News Service

ExxonMobil securities fraud

DALLAS — A federal court in Texas denied ExxonMobil’s motion for judgment on the pleadings in the face of a federal securities class action, in which a bank, Rhode Island and the state’s treasurer sued the oil giant over ExxonMobil’s alleged overstatement of the value of its Permian Basin oil and gas assets.

Read the ruling here.

Categories / Briefs, Business, Energy, Securities

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