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U.S. District Court for the Northern District of Texas

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Case Updates

District court dismisses case as moot after activist shareholder “unconditionally and irrevocably covenants to refrain henceforth from submitting any proposal for consideration by Exxon shareholders relating to GHG or climate change”

June 17, 2024

Dismissal Order

District court allows Exxon's declaratory-judgment action against Arjuna Capital to go forward in shareholder proposal dispute

May 22, 2024

Opinion

U.S. Chamber submits coalition amicus brief urging district court to deny defendant’s motion to dismiss because companies should be allowed to exclude abusive shareholder proposals from special interest groups, despite the SEC having refused to issue no-action letters where shareholder proposals concern issues with a broad societal impact with no nexus to the company’s actual business

February 28, 2024

U.S. Chamber Coalition Amicus Brief

Steven P. Lehotsky, Scott A. Keller, and Matthew H. Frederick of Lehotsky Keller Cohn LLP served as outside counsel.

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