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Exxon Mobil to Argue its Guilt

Alabama sued Exxon in 1999 claiming the company fraudulently underpaid millions of dollars in royalties

Exxon Mobil to Argue its Guilt

Exxon Mobil Corp. is set to argue in front of the Alabama Supreme Court on Tuesday that a $3.6 billion fraud judgment against the company is unconstitutional and should be overturned.

Alabama sued Exxon in 1999 claiming the company fraudulently underpaid millions of dollars in royalties from natural gas wells off the state's coastline.

The company plans to argue that the state has not proven any fraud on the company's part and that the suit should be thrown out.

But Alabama is steadfast in its belief that the company cheated it out of payments.


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