A federal judge rejected Exxon Mobil Corp’s motion to dismiss a securities suit alleging the company and top executives misled investors about the impact of climate change on its business. U.S. District Court Judge Ed Kinkeade in Dallas ruled on Tuesday the plaintiffs could go ahead with their suit against Exxon, former Chief Executive Rex Tillerson and several financial executives. The civil suit alleges Exxon and the executives failed to properly account for climate impact to its business and made public statements and financial disclosures that caused its share price to fall. The decision to proceed “is an important first step in holding one of the world’s most powerful corporations accountable,” said Darren Robbins, an attorney for the plaintiffs, which include the […]