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BREAKDOWN: ROSEN, A WORLDWIDE RESPECTED LAW FIRM, Encourages Exxon Mobil Corporation Investors with Large Losses to Obtain a Lawyer Before Important XOM Deadline | Business

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NEW YORK – (BUSINESS WIRE) – February 20, 2021 –

WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Exxon Mobil Corporation (NYSE: XOM) securities between November 6, 2019 and January 14, 2021, inclusive (the Class Period) , March 29, 2021 Lead Applicant Deadline.

SO WHAT: If you purchased Exxon securities during the Class Period, you may be entitled to compensation without payment of fees or out of pocket expenses through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Exxon collective action, go to http://www.rosenlegal.com/cases-register-2021.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by emailing [email protected] or [email protected] for information on the class action. A class action has already been filed. If you want to become the principal applicant, you must move the court no later than March 29, 2021. A principal plaintiff is a representative party acting on behalf of the other members of the group in the direction of the litigation.

WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with a proven track record in leadership roles. Often, companies that issue opinions do not have comparable experience or resources. Rosen law firm represents investors around the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm completed the largest securities class action settlement against a Chinese company. Rosen law firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 3 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company raised more than $ 438 million for investors. In 2020, founding partner Laurence Rosen was appointed by law360 as the Titan of Plaintiffs Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.

CASE DETAILS: According to the lawsuit, the defendants throughout the class action period made false and / or misleading statements and / or failed to disclose that: (1) Exxon forced its employees to use unrealistic assumptions regarding drilling of wells in the Permian basin; (2) the foregoing assumptions were used to artificially inflate the value of the Companys well operations in the Permian Basin; (3) the above conduct, when disclosed, placed Exxon at increased risk of regulatory investigation and oversight; and (4) therefore, the Company’s public statements were materially false and misleading at all material times. When the real details entered the market, the lawsuit claims that investors have suffered damage.

No class has been certified. Until a group is accredited, you are not represented by a lawyer unless you hire one. You can choose the board of your choice. You can also remain an absent student and do nothing at this point. The ability of investors to participate in a possible future recovery does not depend on their role as lead plaintiff.

Lawyer advertising. Previous results do not guarantee a similar result.

CONTACT: Laurence Rosen, Esq.

275 Madison Avenue, 40th Floor

Toll free: (866) 767-3653

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL LEGAL SERVICES

SOURCE: Rosen Law Firm, PA

Copyright Business Wire 2021.

PUB: 02/20/2021 12:20 p.m. / DISC: 02/20/2021 12:20 p.m.

Copyright Business Wire 2021.

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