"State Prosecutors Reject U.S. Lawmakers' Subpoena On Exxon Probe"

"WASHINGTON - The top state prosecutors in New York and Massachusetts said on Tuesday they will refuse to comply with a subpoena from U.S. congressmen for details on their investigations into whether Exxon Mobil misled investors on climate change risks.

The moves by New York Attorney General Eric Schneiderman and Massachusetts Attorney General Maura Healey are the latest in the political and legislative fight over Exxon Mobil XOM.N and investigations on whether the oil company knowingly misled shareholders and the public on climate change.

Earlier this month, the U.S. House of Representatives committee on science, space and technology issued subpoenas to Schneiderman and Healey to force them to submit information on their Exxon investigations, accusing them of having a political agenda.

Healey's legal counsel said in a letter to Republican committee chair Lamar Smith of Texas the subpoena was an 'unconstitutional and unwarranted' interference with Massachusetts' 'legitimate' investigation into Exxon."

Valerie Volcovici reports for Reuters July 26, 2016.

Source: Reuters, 07/27/2016