The attorney general’s office said the company told investors that it was taking into account the future costs of regulations it expected governments to adopt in response to climate change. But Exxon’s internal calculations didn’t match its public representations , the office said. The attorney general’s office said the company’s misrepresentations caused investors to overvalue its stock. It estimated the damage to shareholders to be between $476 million and $1.6 billion. “Exxon in effect erected a Potemkin village to create the illusion that it had fully considered the risks of future climate-change regulation,” the complaint says. Related Exxon has denied wrongdoing and said a reasonable investor wouldn’t expect to know such internal details. The company has also accused the attorneys general involved, all Democrats, of being motivated by politics in bringing the case, which the office has denied. The oil industry has said that it is difficult to estimate […]