Currents - Energy Industry Insights - August 2018 #2

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SEC Drops Probe of Exxon's Accounting Practices -

"The Securities and Exchange Commission has dropped its probe into whether ExxonMobil misled investors about its knowledge of climate change and the potential effects on its business."

Why this is important: This is the third victory for Exxon related to climate change in a matter of weeks. In June, a federal court dismissed New York City's climate change lawsuit against the company, and in July, a federal court in California did the same....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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