- The U.S. Supreme Court declines to hear Exxon Mobil 's (XOM +0.5%) appeal of a ruling by the top court in Massachusetts that said the state's attorney general had jurisdiction to seek records to probe whether the company concealed its knowledge of the role fossil fuels play in climate change.
- The Court’s action marks XOM's latest setback in efforts to stop the Massachusetts investigation and a similar one by New York’s attorney general, who in October filed a lawsuit against the company.
- The Massachusetts AG in 2016 issued a civil investigative demand to XOM seeking documents to investigate whether it had violated the state's consumer protection law through its marketing and sale of fossil fuel products; XOM said that because it is incorporated in Texas and New Jersey, the AG had no basis to seek documents to conduct a Massachusetts-based probe.
- Now read: This Time Isn't Different: Exxon Mobil Corporation
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