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Exxon Can't Beat Investor Suit Over Permian Basin Claims

By Spencer Brewer ( August 14, 2024, 9:58 PM EDT) -- A Texas federal judge kept a proposed investor class action against Exxon Mobil intact, saying in an opinion that the investors' allegations claiming Exxon overvalued its Permian Basin holdings by billions of dollars and fudged its public statements were strong enough for the case to move forward....

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