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Exxon Fights Activist Investor's 'Toothless' Dismissal Bid

By Jessica Corso (June 3, 2024, 8:50 PM EDT) -- Exxon Mobil Corp. is not backing away from a Texas lawsuit accusing investment adviser Arjuna Capital of improperly meddling in its business affairs by backing a proposal to reduce the company's greenhouse gas emissions, calling promises not to resubmit similar proposals in the future "toothless" in the wake of activist shareholder pressure to change the company's climate policy....

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