#Exxon throws a fit over #shareholders exercising their rights
#ExxonMobil filed a complaint in Texas court seeking to block a #climate proposal by #activistinvestors from a shareholder vote. This marks Exxon's first #legalaction against such a proposal. Exxon argues proposal, which urges adoption of #emissions targets for Exxon's products, does not serve shareholder interests. The activist investors counter that Exxon is the only major oil company lacking these targets.
https://techcrunch.com/2024/01/22/exxon-sues-activist-investors/
#ExxonMobil filed a complaint in Texas court seeking to block a #climate proposal by #activistinvestors from a shareholder vote. This marks Exxon's first #legalaction against such a proposal. Exxon argues proposal, which urges adoption of #emissions targets for Exxon's products, does not serve shareholder interests. The activist investors counter that Exxon is the only major oil company lacking these targets.
https://techcrunch.com/2024/01/22/exxon-sues-activist-investors/
