NY Attorney General Asks a Bunch of Activists to Testify Against ExxonMobil
The Office of the Attorney General (OAG) in New York has called numerous activist shareholders with long histories of aggressive climate shareholder activism, and who have been particularly vocal about their disdain for ExxonMobil, to testify in its case against the company. Although these shareholders will likely be presented as normal investors, the witnesses are actually activist shareholders who can be expected to bring their political agendas to the witness stand, which is precisely why the NY OAG has called on them to testify.
New York Supreme Court Justice Barry Ostrager, who is presiding over the trial, will ultimately have to decide whether ExxonMobil misled its investors on how it accounts for the potential future costs of climate policies. The NY OAG has stacked the deck, as these witnesses are guaranteed to claim that they feel misled
Read the full blog at EIDClimate.org.