Exxon Hid ‘Catastrophic’ Climate Prediction, State Suit Says
- Massachusetts goes further than N.Y., claiming Exxon knew risk
- Company tells investors one thing and does another, suit says
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Exxon Mobil Corp. was sued by Massachusetts for allegedly hiding its early knowledge of climate change from the public and misleading investors about the future financial impact of global warming, two days after a trial started on similar claims in New York.
The 205-page complaint, filed Thursday in state court in Boston, goes further than the suit filed a year ago in New York by alleging Exxon misled the general public as well as shareholders by concealing the looming crisis.