San Diego, CA -- (SBWIRE) -- 03/17/2021 -- The Shareholders Foundation announced that a deadline is coming up on March 29, 2021 in the lawsuit filed for certain investors of Exxon Mobil Corporation (NYSE: XOM).

Investors who purchased shares of Exxon Mobil Corporation (NYSE: XOM) have certain options and there are strict and short deadlines running. Deadline: March 29, 2021. NYSE: XOM stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Exxon Mobil Corporation (NYSE: XOM) common shares between November 6, 2019 and January 14, 2021, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between November 6, 2019 and January 14, 2021, the Defendants made false and/or misleading statements and failed to disclose to investors that Exxon forced its employees to use unrealistic assumptions regarding the timelines for well drilling in the Permian Basin, that the foregoing assumptions served to artificially inflate the value of the Company's well operations in the Permian Basin, that the foregoing conduct, when revealed, subjected Exxon to a heightened risk of regulatory investigation and oversight, and that as a result, the Company's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Exxon Mobil Corporation (NYSE: XOM) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.