Exxon Mobil has filed a complaint in a Texas court seeking to block a climate proposal by activist investors from a shareholder vote in May. This marks Exxon's first legal action against such a proposal. Exxon argues the proposal, which urges adoption of emissions targets for Exxon's products, does not serve shareholder interests. The activist investors counter that ... ⌘ Read more
Exxon Mobil has filed a complaint in a Texas court seeking to block a climate proposal by activist investors from a shareholder vote in May. This marks Exxon's first legal action against such a proposal. Exxon argues the proposal, which urges adoption of emissions targets for Exxon's products, does not serve shareholder interests. The activist investors counter that ... ⌘ Read more