Court Ruling Vindicates ExxonMobil in New York ‘Climate Change’ Fraud Case -
“'The Office of the Attorney General failed to prove, by a preponderance of the evidence, that ExxonMobil made any material misstatements or omissions about its practices and procedures that misled any reasonable investor,' Ostrager wrote."
Why this is important: The most important aspect of this case is not what it represents, but instead, what is does not represent. This case has been reported as the first-of-its-kind climate change lawsuit. However, this was a securities litigation case and not a case involving the science of climate change....
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