The New York State Attorney General says they will be suing Exxon Mobil alleging the company has misled investors and has understated risks from climate change regulations.
NY Attorney General Barbara Underwood, in an announcement, also alleges that former CEO and former Secretary of State Rex Tillerson "keen of the misrepresentations for years."
The statement also says, "Exxon built a facade to deceive investors into believing that the company was managing the risks of climate change regulation to its business when, in fact, it was intentionally and systematically underestimating or ignoring them, contrary to its public representations."