U.S. oil giant Exxon Mobil sues activist investors to prevent climate proposals
ExxonMobil(XOM) CNBC·2024-01-22 12:28
ExxonMobil CEO Darren Woods speaks at the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023.Exxon Mobil filed a lawsuit against U.S. and Dutch activist investors in a bid to stop them from submitting climate proposals during the oil giant's annual shareholder meeting.It marks a first for the U.S. oil major and is the latest step in an intensifying battle between companies and environmental campaigners.The complaint was filed Sunday in the U.S. District ...