California Sues Exxon, Shell, BP on Deception Claims, NYT Says

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California has sued some of the world’s biggest oil companies, claiming that they have misled the public, the New York Times reportedBloomberg Terminal Friday, citing a court filing.

The civil case, filed in the superior court in San Francisco, targets Exxon Mobil Corp., Shell Plc, BP Plc, ConocoPhillips and Chevron Corp. The state claimed the actions of these companies have resulted in tens of billions of dollars in damage and that they deceived the public by downplaying fossil fuel risks, according to the report.