ExxonMobil, one of the world's largest oil and gas companies, is facing a growing number of legal risks over its misleading predictions about the climate crisis. The company has been accused of downplaying the effects of climate change and the potential risks it poses to its business. ExxonMobil has also been accused of making false or misleading statements about its own climate-related risks, which could be a violation of US securities laws. The legal risks are mounting as more state attorneys general and other government agencies investigate the company's actions. New York Attorney General Letitia James is leading the charge, and has filed a lawsuit accusing ExxonMobil of defrauding investors by downplaying the risks of climate change. The lawsuit alleges that ExxonMobil made false or misleading statements about its own climate-related risks, which could be a violation of US securities laws. The suit also claims that ExxonMobil misled investors by failing to disclose the potential costs associated with climate change. ExxonMobil has denied any wrongdoing and has said that it has taken steps to reduce its environmental impact. The company has also said that its climate-related disclosures were accurate and in line with industry standards. The legal risks are growing as more states and other government agencies investigate the company's actions. If found guilty, ExxonMobil could face hefty fines and other penalties. It could also be forced to pay damages to investors who were misled by its false or misleading statements. The case against ExxonMobil is being closely watched by other oil and gas companies, who are also facing increased scrutiny over their climate-related disclosures. It could set a precedent for how companies are expected to disclose climate-related risks in the future.