A U.S. district judge in Texas has ruled Exxon Mobil’s lawsuit over a climate-focused shareholder resolution will be allowed to proceed against registered investment adviser Arjuna Capital, while dismissing a separate claim against European group Follow This, The Financial Times’ Attracta Mooney reports. Exxon filed a lawsuit against the two investor groups earlier this year to block a resolution they filed demanding it do more to cut its greenhouse gas emissions.
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