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Exxon Mobil is suing its shareholders to silence them about global warming (www.latimes.com)

submitted 6 months ago by [email protected] to c/[email protected]

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In case of paywall: http://archive.today/M5OFY

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[–] [email protected] 0 points 6 months ago (1 children)

So you are suing ... the people that partially own your company? Only in America can you sue someone without any good reason and still win by default because you have more cash on hand. Cash the defendant partially provided no less.

[–] [email protected] 0 points 6 months ago (1 children)

Presumably the "reason"/standing is that shareholders talking about climate change might reduce the company's value hurting the other shareholders

[–] [email protected] 0 points 6 months ago

The funny part would be that they actually might win because share value is more important than the environment.