New York County Supreme Court Justice Barry Ostrager interrupted a New York assistant attorney general’s closing argument after just a few sentences Thursday, stopping him as he began to lay out the state’s case that the energy company ExxonMobil violated the Martin Act, a state law aimed at protecting shareholders from fraud.
Along with Martin Act violations, the state accused the energy giant of actual and equitable fraud in its complaint, which described a pattern of deception at the company related to how it estimated the effects of climate change and associated regulation on its business.
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