Exxon Mobil Not Liable to Investors Over Canadian Oil Sands, Gas Assets, Jury Says

May 14 (Reuters) – A Texas jury on Wednesday found Exxon Mobil (XOM.N) not ​liable on claims it defrauded ‌investors through disclosures tied to its Canadian oil sands and Rocky ​Mountain gas operations. The 2016 ​lawsuit alleged Exxon concealed that ⁠its Canadian bitumen operations were ​losing money, failed to properly ​incorporate carbon-cost assumptions into reserve … Read more