in the news
Law360: Chevron, Exxon, Others Escape Calif. Gas Price-Fixing CaseOctober 04, 2022
US District Judge Jinsook Ohta granted summary judgement to a group of oil companies accused of conspiring to hurt gas prices in California. “Absent from plaintiffs’ evidence that defendants acted against self-interest to ‘strangle’ supply is any proof that defendants’ actions were not profit maximizing or that they lowered supply despite market demand,” Judge Ohta said. Exxon Mobil Refining & Supply Co. is represented by Dawn Sestito of O’Melveny & Myers LLP.
Read the full article here.