The investors failed to prove misrepresentations about the value and profitability of Exxon’s Canadian bitumen holdings and Rocky Mountain dry gas operations, the Dallas-area jury said in responses written on the court’s instruction document. The trial took place in the US District Court for the Northern District of Texas, overseen by Judge Ed Kinkeade.
“We are grateful for the jury’s service in this exceptionally hard-fought case and are evaluating next steps in the ...