New York State Wields Powerful Tool in Exxon Probe

摘要

The New York attorney general's probe into whether Exxon Mobil misled the public and investors about its climate - related risks is yet another instance of a major company being targeted under the state's controversial Martin Act. The Martin Act of 1921 gives extraordinary powers and discretion to the state's attorney general in fighting financial fraud. In fact the powers it grants exceed those given to prosecutors in any other US state.