Patrick T. Fallon | Bloomberg | Getty Images
Flames shoot from towers at the Exxon Mobil Corp. Torrance Refinery in Torrance, California, U.S., on Wednesday, March 16, 2016.
New York Attorney General Barbara Underwood announced a lawsuit against Exxon Mobil on Wednesday, alleging the the company misled its investors by understating risks from climate change regulations.
The suit also alleges that former CEO Rex Tillerson “knew of misrepresentations for years,” the state said in a press release.
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