"A federal judge in Texas on Wednesday kicked an Exxon Mobil Corp lawsuit seeking to thwart two states from pursuing a fraud case over climate change to a Manhattan court, saying his court wasn't the best place to resolve the dispute.
A group of state attorneys general, led by New York's Eric Schneiderman, brought a securities fraud suit against the world's largest publicly traded oil company in 2015 claiming it misled investors by soft-pedaling the dangers of climate change.
Exxon criticized their case as intended to get the company and others in the oil and gas industry to change their positions on climate change. It responded with its own suit in U.S. District Court in Dallas."
Gary McWilliams reports for Reuters March 29, 2017.
"Texas Judge Kicks Exxon Climate Lawsuit To New York Court"
Source: Reuters, 03/30/2017
