Posted on 11/09/2015 7:44:09 PM PST by Citizen Zed
New York state's attorney general, Eric Schneiderman, and US Rep. Ted Lieu (D) of California are both looking into whether the world's largest publicly traded oil and gas company intentionally misled the public and company shareholders about its own knowledge of climate change and the inherent risks it posed to the oil industry.
The outcry started in September, when InsideClimate News published an investigation asserting that, since the 1970s, ExxonMobil, has known of fossil fuels' contribution to climate change. The company's own scientists are said to have raised concerns that were contradicted by executives. Another inquiry published in the Los Angeles Times in October also exposed the gap between ExxonMobil's public and private narratives over melting ice in the Arctic.
New York Attorney General Schneiderman launched his own probe last week. A New York state law called the Martin Act gives the Attorney General uniquely wide authority to prosecute securities fraud.
(Excerpt) Read more at csmonitor.com ...
In a sane world, no.
Securities fraud and Global Warming ,well the fiction writers will be working overtime on this trial . Na ,I think it will be settled out of court and Exxon Mobile will be believers, Extortion the Chicago way
Can you commit securities fraud by telling the truth? If you go against leftist lies they think so. For me, they committed fraud with their lies.
EXACTLY !
These A-holes are going to force a lie to be a truth if they have to bankrupt the entire World doing so.
I think Wu's pigs might be cheaper - and sane people wouldn't care about the disappearances...
US Rep. Ted Lieu (D) of California is an idiot.
http://observer.com/2015/10/hillary-clinton-has-a-lot-of-big-names-on-her-new-york-leadership-team
This is past suspicious, considering this happened just after ExxonMobil discontinued their contributions to Clinton Foundation. It doesn't get any easier than this to connect the dots.
No...the fraud didn’t occur until Exxon was blackmailed into supporting the notion of manmade climate change.
Rush has Algore’s count down clock to Armageddon and there are only 77 days left . The Paris Party Must Save The World !!!
See, the trick here is to accuse the company of doing something, but not actually accuse them of doing it, as if you do, you get to go to court and have the lovely job of trying to PROVE it.
Not something that any climate change (global warming, global cooling, global whatever we can do to control others and drive first world countries into third world hell holes...) advocate really wants to do.
We must NATIONALIZE Exxon and make them pay for their climate changey injustices! /s
Exxon is now in the unfortunate position of having to answer:
“Were you lying then, or are you lying now?”
Since they’ve caved and now pretend to believe in manmade climate change.
No...the Clinton way. See my comments on post no. 9
They are trying to provide context so Obama can issue climate directives.
What a completely absurd question.
OF COURSE NOT!
And what of: Auto and truck makers, engine builders, power companies, chemical companies and on and on and on?
This is a shot across the bow to get the remaining dissenters in the corporate world on the man made global warming train to oblivion.
Don’t confuse me with the facts
How can you commit securities fraud when there is No such thing as climate change?At least man made climate change.
The Attorney General or prosecutors should be held liable for fraud.
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