Federal Judge: No Personal Jurisdiction Over Activist Shareholder Sued By Exxon

(May 24, 2024, 10:51 AM EDT) -- FORT WORTH, Texas — A federal judge in Texas dismissed one of two activist shareholder groups from a suit brought by Exxon Mobil Corp. seeking a declaration that a climate change proposal made by the groups can be left off the company’s proxy statement, determining that the court does not have personal jurisdiction over the entity....