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Exxon Investors Net Reduced-Class Cert. In Carbon Proxy Suit

By Katryna Perera ( August 22, 2023, 10:03 PM EDT) -- A Texas federal judge has granted certification to a group of Exxon Mobil Corp. investors who claim the oil giant artificially inflated its stock prices, but the judge significantly reduced the class period after finding Exxon had "sufficiently rebutted" allegations related to carbon proxy costs....

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