Official: NY Probes Exxon, Peabody Climate Statements
Source: Associated Press
Official: NY Probes Exxon, Peabody Climate Statements
By MICHAEL VIRTANEN, ASSOCIATED PRESS ALBANY, N.Y. — Nov 5, 2015, 5:19 PM ET
An official familiar with the investigations says New York's attorney general is examining statements by Exxon Mobil and Peabody Energy to determine whether they deceived investors about climate-change causes and impacts.
The official says a subpoena was sent Wednesday to Dallas-based Exxon after a yearlong review of shareholder disclosures. The official wasn't authorized to publicly discuss the probes and spoke to The Associated Press on condition of anonymity.
Attorney General Eric Schneiderman's office sought similar documents on climate change from St. Louis-based Peabody in 2013.
A spokesman for Schneiderman declined to comment Thursday.
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Read more: http://abcnews.go.com/US/wireStory/official-ny-probes-exxon-peabody-climate-statements-35004856
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