openPR Logo
Press release

Investigation announced for Investors in shares of Exxon Mobil Corporation (NYSE: XOM)

05-04-2021 06:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Exxon Mobil Corporation (NYSE: XOM) shares.

An investigation on behalf of current long term investors in Exxon Mobil Corporation (NYSE: XOM) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Exxon Mobil Corporation.

Investors who are current long term investors in Exxon Mobil Corporation (NYSE: XOM) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for investors in NYSE: XOM stocks follows a lawsuit filed against Exxon Mobil Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: XOM stocks, concerns whether certain Exxon Mobil directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Northern District of Texas the plaintiff alleges that the Defendants made false and/or misleading statements and failed to disclose to investors that Exxon forced its employees to use unrealistic assumptions regarding the timelines for well drilling in the Permian Basin, that the foregoing assumptions served to artificially inflate the value of the Company's well operations in the Permian Basin, that the foregoing conduct, when revealed, subjected Exxon to a heightened risk of regulatory investigation and oversight, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Exxon Mobil Corporation (NYSE: XOM) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in shares of Exxon Mobil Corporation (NYSE: XOM) here

News-ID: 2279238 • Views: 396

More Releases from Shareholders Foundation

Investigation for Long-Term Investors in Ebix, Inc. (NASDAQ: EBIX) announced
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Ebix, Inc.. Investors who are current long term investors in Ebix, Inc. (NASDAQ: EBIX) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm for current long term investors in NASDAQ: EBIX stocks follows a lawsuit filed against Ebix, Inc. over
Deadline May 31st coming up in Lawsuit for Investors in SOS Limited (NYSE: SOS)
A deadline is coming up on May 31, 2021 in the lawsuit filed for certain investors of SOS Limited (NYSE: SOS). Investors who purchased shares of SOS Limited (NYSE: SOS) have certain options and there are strict and short deadlines running. Deadline: May 31, 2021. SOS Limited (NYSE: SOS) stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. According to the complaint filed in the U.S. District
Investigation announced for NYSE: DNMR Investors over possible Wrongdoing at Dan …
An investigation was announced over potential breaches of fiduciary duties by certain directors at Danimer Scientific, Inc. Investors who purchased shares of Danimer Scientific, Inc. (NYSE: DNMR) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Danimer Scientific, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. Bainbridge, GA based
Investigation announced for Long-Term Investors in shares of Sonic Automotive, I …
Certain directors of Sonic Automotive, Inc are under investigation over potential breaches of fiduciary duties. Investors who purchased shares of Sonic Automotive, Inc. (NYSE: SAH) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a law firm concerns whether certain Sonic Automotive, Inc. directors breached their fiduciary duties and caused damage to the company and its shareholders. Charlotte, NC based Sonic Automotive,

All 5 Releases


More Releases for Exxon

Well Intervention Market Forecast (2019-2024) |400 Pages Report : Exxon Mobil, W …
The size of Well Intervention Market was registered at USD 11 billion in the year 2017 and is anticipated to cross USD 18 billion by 2024. Between the period 2018 -2024, the market is expected to register a CAGR of 6%. The growing preference for well intervention services considering their cost-effectiveness is certain to positively impact well intervention market share. Lately, the surging oil and gas exploration & excavation activities across
Omega 3 Market 2018|Exxon Mobil ,Cargill
According to a new report published by Polaris Market Research the Omega 3 market is anticipated to reach over USD 4,262.5 million by 2026. In 2017, the functional food and supplements segment dominated the global market, in terms of revenue. North America was the leading contributor to the global market revenue in 2017. The well-known companies profiled in the report include Omega Protein Corporation, Croda International PLC, Arista Industries Inc., Cargill,
Aromatic Solvents Market Dominant share to 2025 - Exxon Mobil Corporation
Global Aromatic Solvents Market: Snapshot Aromatic solvents are organic chemicals that are mostly produced by distillation of crude petroleum stock and other chemical conversion processes in the petroleum refining industry. These solvents are also procured from light hydrocarbons such as butane, ethane, and propane. Besides this, catalytic reforming is a commonly used process for the manufacture of aromatic solvents in the oil and gas industry. Toluene, xylene, and toluene TDI are some
Global Sulphur Recovery Market 2017: Chiyoda, Fluor, Exxon, Prosernat, Bechtel
The report entitled Global Sulphur Recovery Market 2017 delivers the comprehensive and in-depth research analysis of the key regional industry standing of the Sulphur Recovery market on a global level. This report especially focuses on the core regions such as North & South America, Europe, Africa, South & Middle East Asia and Australia and also the key countries like (USA, Canada, UK, France, Germany, Russia, India, China, South Korea and
Global Gaseous Helium Market 2017- Airgas, Gazprom, Exxon Mobil Corporation
Global Gaseous Helium Market 2017, presents a professional and in-depth study on the current state of the Gaseous Helium Market globally, providing basic overview of Gaseous Helium Market including definitions, classifications, applications and industry chain structure. Historical data available in the report elaborates on the development of the Gaseous Helium Market on a global and regional level. The report compares this data with the current Gaseous Helium state of the
Wax Market 2017 - Exxon Mobil Corporation, Sasol, Lukoil, Shell, Nippon
Apex Research, recently published a detailed market research study focused on the "Wax Market" across the global, regional and country level. The report provides 360° analysis of "Wax Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Wax industry, and estimates the future trend of Wax market on the basis of