SEC Investigates ExxonMobil

The SEC is investigating ExxonMobil (NYSE: XOM) after whistleblowers submitted complaints alleging that the company overvalued assets in the Permian Basin, leading to “unrealistic assumptions about how quickly the company could drill wells there to arrive at a higher value.” The investigation is ongoing and, if the SEC obtains a verdict against ExxonMobil, these whistleblowers are entitled to a substantial reward.

Whistleblowers provide vital information, at great personal risk, to authorities leading to successful actions against violators of US Securities laws. To be successful, potential whistleblowers need expert, experienced representation from attorneys like those in the Warren Law Group to navigate the whistleblower process.

If you have first-hand knowledge of securities fraud, regulatory violations, or white collar criminal activity and want to speak out, call WLG’s attorneys for free at (866) 354-7687, email us at info@warren.law, or reach out to us through social media on LinkedIn, Facebook, and Twitter.

Exxon Draws SEC Probe Over Permian Basin Asset Valuation – WSJ

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