The New York state attorney general Wednesday filed a lawsuit against ExxonMobil alleging the energy company misled investors about the risk posed to its business by more stringent regulations promulgated to mitigate the effects of climate change.

Lawyers with the office of Attorney General Barbara Underwood claimed in a complaint filed in Manhattan Supreme Court that Exxon falsely told investors it was preparing to adjust its business for future climate change regulations, when in reality it was doing much less than it claimed.