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Gold/Mining/Energy : Exxon Mobil (XOM) -- Ignore unavailable to you. Want to Upgrade?

To: Bald Eagle who wrote (58)	2/20/2001 12:42:50 PM
From: opalapril	Read Replies (1) \| Respond to of 585

Whew! That's a relief. :-) "Exxon Mobil Corp., the world's largest oil company, was ordered to pay $500 million in compensatory damages to some 10,000 dealers who claimed it cheated them in a discount program, the plaintiffs' lawyer said on Tuesday. A U.S. District Court jury in Miami issued the judgement following a lengthy trial after a first attempt to try the class-action lawsuit ended in mistrial. With interest, the award will come to about $1 billion, the figure that the dealers had sought, Miami attorney Gene Stearns said. "The economic award without interest is almost exactly $500 million," Stearns said. "The total with interest is just about a billion dollars."