Exxon Mobil Corporation Class Action Lawsuit - XOM

Company
Exxon Mobil Corporation (NYSE: XOM)
Lead Plaintiff Deadline
March 29, 2021 (Expired)
Class Period
February 28, 2018 - January 14, 2021

Expired

Lead Plaintiff Deadline

Mar 29, 2021

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Allegations

(i) Exxon forced its employees to use unrealistic assumptions regarding the timelines for well drilling in the Permian Basin; (ii) the foregoing assumptions served to artificially inflate the value of the Company’s well operations in the Permian Basin; (iii) the foregoing conduct, when revealed, subjected Exxon to a heightened risk of regulatory investigation and oversight; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be eligible to join the XOM class action lawsuit, you must have incurred a loss on shares of Exxon Mobil purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Exxon Mobil during the relevant time frame or pursuant to the relevant offering(s), you have until March 29, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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