Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims [Yahoo! Finance Canada]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance Canada
The Texas-based company said in its lawsuit, filed Monday in that state's Eastern District, that Bonta, the Sierra Club, San Francisco Baykeeper, Heal the Bay and the Surfrider Foundation conspired to defame it with statements regarding the efficacy of its plastic recycling technology. “Together, Bonta and the US Proxies — the former for political gain and the latter pawns for the Foreign Interests — have engaged in a deliberate smear campaign against ExxonMobil, falsely claiming that ExxonMobil's effective and innovative advanced recycling technology is a ‘false promise' and ‘not based on truth,'” the company said in its lawsuit. It seeks unspecified damages and retractions of “defamatory statements” from Bonta and the groups. A spokesperson for the California Department of Justice called the lawsuit “another attempt from ExxonMobil to deflect attention from its own unlawful deception” and said Bonta looks forward to “vigorously litigating” the case. In its lawsuit filed in
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News
- Canada Energy Minister Warns Trump Against an Oil Trade War [BNN Bloomberg (Canada)]BNN Bloomberg
- Canada Energy Minister Warns Trump Against an Oil Trade War [Yahoo! Finance]Yahoo! Finance
- Exxon sees reduced Q4 earnings from lower oil prices, refining squeeze [Seeking Alpha]Seeking Alpha
- Exxon slips after flagging weak fourth-quarter earnings on refining squeeze [Yahoo! Finance Canada]Yahoo! Finance Canada
- Exxon slips after flagging weak fourth-quarter earnings on refining squeeze [Yahoo! Finance Canada]Yahoo! Finance Canada
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- 1/3/25 - Form 4
- 1/3/25 - Form 4
- XOM's page on the SEC website