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Exxon Mobil Corporation v. Arjuna Capital, LLC et al
Case Number:
4:24-cv-00069
Court:
Nature of Suit:
Other Statutes: Securities/Commodities/Exchange
Judge:
Firms
- Foley Hoag
- Gibson Dunn
- Hitchcock Law Firm
- Hitchcock Law Firm PLLC
- Jones Day
- Lehotsky Keller
- Lovins Trosclair
- Stinson LLP
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March 07, 2024
Exxon Investors Say Shareholder Proposal Suit Is Moot
Activist investors Arjuna Capital and Follow This have again urged a Texas federal judge to dismiss a case against them brought by Exxon Mobil Corp., saying the company "refuses to take 'yes' for an answer" and is trying to run a proxy battle with the U.S. Securities and Exchange Commission through the case.
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February 29, 2024
Chamber Of Commerce Backs Exxon In Activist Investor Row
The U.S. Chamber of Commerce and lobbying group Business Roundtable on Thursday threw their weight behind Exxon Mobil Corp. in the company's bid to pursue its lawsuit against activist investors, a suit that some see as a proxy battle with the U.S. Securities and Exchange Commission over shareholder proposals.
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February 22, 2024
Exxon Wants To Press Forward With Activist Investor Case
ExxonMobil Corp. says it should be allowed to move forward with a lawsuit against a pair of activist investors who proposed that the company speed up the pace of its greenhouse gas emission reductions, arguing that the investors' decision to withdraw the proposal will not prevent a similar one from being filed in the future.
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February 13, 2024
Exxon Investors Urge Judge To Toss SEC 'Proxy Battle'
The ExxonMobile Corp. investors who backed off plans to call for a shareholder vote on the company's climate change policies now say the company's lawsuit attempting to bar the proposal should be dismissed, arguing the company is only moving forward with the case to indirectly challenge the authority of the U.S. Securities and Exchange Commission.
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February 08, 2024
Exxon Told Climate Proposal Suit Threatens Investor Rights
The Interfaith Center on Corporate Responsibility is urging Exxon to abandon a lawsuit launched against two activist investors who tried to push for a shareholder vote on a climate proposal that has since been withdrawn.
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February 06, 2024
Exxon Wants Investor Climate Proposal Blocked For Good
ExxonMobil Corp. wants a Texas federal court to ensure that a climate-focused investment firm and an advocacy group won't bring forward a shareholder proposal on emissions reductions this year, even though the groups withdrew the proposal last week.
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February 02, 2024
Exxon Investors Drop Climate Proposal, But Suit To Continue
The climate-focused investment firm at the center of a court battle with ExxonMobil Corp. said Friday that it will no longer push emissions reductions at the Big Oil firm, but pulling the shareholder proposal that led to the lawsuit may not dissuade Exxon from moving forward with the case.
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January 25, 2024
Exxon's Shareholder Suit Seen As An SEC Proxy Fight
Although ExxonMobil Corp.'s recent decision to sue a pair of activist investors to block a proposed climate change vote is not without precedent, experts say it may reflect growing corporate frustration with the U.S. Securities and Exchange Commission's recent tonal shift on shareholder proposals to overhaul corporate environmental and social policies.
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January 22, 2024
Exxon Skirts SEC To Sue Shareholders Over Climate Proposal
Exxon Mobil Corp. is suing activist investors trying to force a shareholder vote over the company's greenhouse gas emission targets, sidestepping the U.S. Securities and Exchange Commission by requesting that a Texas federal judge decide whether the activists' proposal amounts to unwarranted interference in the company's business operations.