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Exxon Mobil is suing its shareholders to silence them about global warming (www.latimes.com)
submitted 6 months ago by davel@lemmy.ml to c/nottheonion@lemmy.ml
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[-] mormund@feddit.de 62 points 6 months ago

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.

[-] StalinIsMaiWaifu@lemmygrad.ml 8 points 6 months ago

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

[-] fckreddit@lemmy.ml 7 points 6 months ago

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

this post was submitted on 16 May 2024
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