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Dallas Jury Clears ExxonMobil in Securities Fraud Case

A case that has taken nearly a decade to get to trial concluded Thursday morning after a 14-day trial in U.S. District Judge Ed Kinkeade’s courtroom when a Dallas jury unanimously sided with ExxonMobil in a securities class action in the Northern District of Texas.

“The verdict came in at 11 a.m. I was on the phone with Capital Grille at 11:15 a.m., and by 11:30 a.m., they agreed to take a party of 30 at noon,” Exxon’s lawyer Tom Melsheimer of King & Spalding told The Texas Lawbook.

Alexa Shrake

Alexa covers litigation and trials for The Texas Lawbook.

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