A federal investigation found the oil giant had illegally fired two employees suspected of leaking information to the Wall Street Journal.
The Department of Labor said Friday that the Occupational Safety and Health Administration has ordered ExxonMobile to immediately reinstate two employees and pay them over $800,000 in back wages and damages.
In Sept. 2020, OSHA found, the Wall Street Journal reported that ExxonMobile may have inflated production estimates and the reported value of oil and gas wells in the Permian Basin. The article alleged that the company's assumption that drilling speed would increase significantly over the next five years may have been inaccurate, but were included in their filings with the SEC in 2019.
However, federal investigators learned that the company knew that one of the scientists was a relative of one of the sources quoted in the article and had access to the leaked information.
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