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A jury ordered Exxon Mobil Corp. to pay $11.9 billion US in damages Friday after finding the oil giant had cheated the state of Alabama out of natural gas royalties.
MONTGOMERY, Ala. – Alabama’s financially strapped government won an $11.9 billion verdict against Exxon Mobil Corp. on Friday in a suit that accused the oil giant of cheating the state out of natural gas royalties.
Gas royalties retrial has energy plant paying more.
MONTGOMERY, Ala. (AP) – A jury ordered Exxon Mobil Corp. to pay $11.9 billion in damages Friday after finding the oil giant had cheated the state of Alabama out of natural gas royalties.
WASHINGTON – In an enforcement action Thursday against a Texas bank, the Office of the Comptroller of the Currency became the first federal bank regulator to cite “unfair” loan terms to crack down on predatory lending.
A state jury returned an $11.9 billion judgment against Exxon Mobil Corp. today in Alabama’s suit over disputed natural gas royalties.
The financially troubled state government won an $11.9 billion verdict against Exxon Mobil Corp. Friday in a suit over disputed natural gas royalties.
Jury deliberations in Alabama’s lawsuit against Exxon Mobil went into a second day, with billions at stake for the financially troubled state.
An attorney asked a jury Wednesday to find that Exxon Mobil cheated the state out of natural gas royalties and return a record $9.3 billion verdict against the oil company.
A Montgomery jury deliberated Thursday in a lawsuit in which the state is seeking a record $9.3 billion judgment against Exxon Mobil in a dispute over natural gas royalties.