The conclusion of the big climate change securities fraud case against Irving-based Exxon Mobil in New York last week didn’t go the way the New York Attorney General’s Office hoped.
New York State Supreme Court Judge Barry Ostrager ruled the New York attorney general failed to prove energy giant Exxon Mobil misled its investors and blasted the case as “hyperbolic.” In the words of one attorney, the case was a major victory for Exxon Mobil and its attorneys, Theodore Wells and his colleagues at Paul, Weiss, Rifkind, Wharton & Garrison.
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