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A US judge has ruled that Exxon Mobil can proceed with its lawsuit against the activist investor group Arjuna Capital. The lawsuit, filed in January, seeks to bar a climate resolution proposed by the group. However, the judge ruled that Exxon cannot pursue its claim against another activist group, Netherlands-based Follow This. The ruling allows Exxon to challenge the climate proposal even after Arjuna Capital withdrew its shareholder proposal.
Exxon case against activist shareholder can proceed, US judge rules #oott https://t.co/lf6du0cMaq
Exxon can proceed with its case against US-based activist group Arjuna Capital, a US judge ruled, but said the company could not pursue its claim against Netherlands-based Follow This. Exxon sued the groups in January seeking to bar a climate resolution https://t.co/KalhYx3cwB https://t.co/b34gqodwda
Live news: US judge allows ExxonMobil to pursue suit against climate activist https://t.co/ne5coGW6iw
