NY Attorney General Attempts To Shake Down Exxon With Climate Scam Lawsuit

I wonder when the NY Attorney General’s office will stop using fossil fuels for their activities, both professionally and personally?

NY Sues Exxon For Allegedly Defrauding Shareholders On Climate Change Risks

New York’s attorney general filed a lawsuit Tuesday against ExxonMobil for allegedly downplaying for decades the risk the company’s oil products pose on the climate, The New York Times reported Wednesday.

The lawsuit follows more than three years of investigation first orchestrated by former AG Eric Schneiderman, who resigned in April over abuse allegations from former romantic partners. The probe took many different twists and turns and seemed to come to a halt shortly after his resignation.

Exxon engaged in a “longstanding fraudulent scheme” to deceive investors, analysts and underwriters “concerning the company’s management of the risks posed to its business by climate change regulation,” the lawsuit notes. (snip)

Barbara Underwood, the state’s current AG, brought the lawsuit under the Martin Act, a state law that gives her broad authority to prosecute securities fraud. The suit demands Exxon turn over any profits the company made through the alleged fraud and make restitution to investors. Exxon could be made to pay out hundreds of millions of dollar if the suit is successful.

Exxon has long stated that all these suits and investigations are simply violations of their 1st Amendment Rights, and, really, it’s dangerous and disturbing when the State uses the personal beliefs of elected employees to go after individuals and private entities using those beliefs. This is a shakedown, blackmail, extortion. Exxon should look at the relevant statutes to counter sue over abuse of power, malicious prosecution, misconduct, and so forth.

Oh, and stop selling gas in the capital city of NY State, Albany.

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4 Responses to “NY Attorney General Attempts To Shake Down Exxon With Climate Scam Lawsuit”

  1. Mangoldielocks says:

    FASCISM………. From Encyclopedia Britanica.

    Although fascist parties and movements differed significantly from one another, they had many characteristics in common, including extreme militaristic nationalism, contempt for electoral democracy and political and cultural liberalism, a belief in natural social hierarchy and the rule of elites, and the desire to create a Volksgemeinschaft (German: “people’s community”), in which individual interests would be subordinated to the good of the nation.

    This is such a beautiful portrait of the Left and certainly the left in New York are all about controlling Exxon’s of the world and making them pay a steep price for being in existence and not producing AUTHORIZED AND RUBBER STAMPED PRODUCTS.

    • Jethro says:

      Except for Volksgemeinschaft, we thought it sounded like a perfect description of the American right!

      • Mangoldielocks says:

        YOu mean like the contempt for Electoral Democracy. Your the party wanting to do away with the Electoral College.

        You mean like a nation which is politically and culturally LIBERAL is Republican?

        You mean like a party that loves their elites in the MSM, their Billionaires and their pundits who lord it over everyone trying to put down and suppress the progressives in your party.

        Individual interests subordinated by the government for the good of the nation. We all know the left wants the government to run every thing, legislate everything and litigate everything for the good of the people who do not know what is good for them.

        Yeah. Totally true definition of the left and the new socialist democratic party.

  2. Mangoldielocks says:

    And dont go quoting Wikipedia which is written by left wing shills with nothing better to do than to destroy the fabric of society for their own perverse benefit. No one even knows who these people are that write definitions in Wikipedia and I would firmly advise against getting your information from them no matter which side of the aisle you reside. Wiki immediately goes to this meme that Fascism is an ultra right wing faction. BS. It is no more right wing than Nazism or communism even though people say yep it is and wiki says so therefore it must be true.

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