Recent regulatory investigations and shareholder litigation against ExxonMobil and its officers demonstrate that D&O insurers may soon be impacted by climate change disclosure claims. On August 14, 2018, the court denied ExxonMobil's motion to dismiss a purported securities class action, finding that the complaint sufficiently alleged securities fraud based on disclosures regarding the company's climate change exposures. On October 24, 2018, the New York Attorney General filed a 91-page complaint against Exxon Mobil alleging that it "essentially kept two sets of books when accounting for the effects of climate change."