| Official: NY probes Exxon, Peabody climate statements | |
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ALBANY, N.Y. (AP) -- New York's attorney general is examining statements by Exxon Mobil and Peabody Energy to determine whether they deceived investors about the causes and impacts of climate change, an official familiar with the investigations said Thursday. A subpoena was sent Wednesday to Dallas-based Exxon after a yearlong review of shareholder disclosures, said the official, who wasn't authorized to publicly discuss the probes and spoke to The Associated Press on condition of anonymity. Attorney General Eric Schneiderman's office sought similar documents on climate change from St. Louis-based Peabody in 2013, which the company disclosed last year. A spokesman for Schneiderman declined to comment Thursday. New York's attorney general has authority under the state's Martin Act to investigate and prosecute securities fraud. Exxon spokesman Scott Silvestri said the company has received the subpoena and rejects allegations in media reports that it suppressed research. Silvestri said that for years, Exxon has provided shareholders information about the business risks of climate change. |
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Exxon Mobil is a and oil producing company based in United states of america. Exxon Mobil is listed in Germany, in United Kingdom and in United States of America. Its market capitalisation is US$ 499.8 billions as of today (€ 467.1 billions). Its stock quote reached its lowest recent point on March 14, 1997 at US$ 100.12, and its highest recent level on April 26, 2024 at US$ 117.96. Exxon Mobil has 4 237 270 016 shares outstanding. |