US judge dismisses Exxon lawsuit to stop climate change probes

  • A U.S. District Judge called Exxon's allegations that New York and Massachusetts' attorneys general were pursuing probes in order to violate its constitutional rights "implausible."
  • Caproni dismissed the lawsuit with prejudice, meaning Exxon cannot bring it again.
Darren Woods, CEO, ExxonMobil
Michael Newberg | CNBC
Darren Woods, CEO, ExxonMobil

A federal judge on Thursday dismissed Exxon Mobil's lawsuit seeking to stop New York and Massachusetts from probing whether the company misled investors and the public about climate change and the potential effects on its business.

U.S. District Judge Valerie Caproni in Manhattan said Exxon's allegations that New York and Massachusetts' attorneys general, Eric Schneiderman and Maura Healey, were pursuing bad faith probes in order to violate its constitutional rights were "implausible."

Caproni dismissed the lawsuit with prejudice, meaning Exxon cannot bring it again.