Mealey's (September 17, 2020, 2:05 PM EDT) -- NEWARK, N.J. — A federal magistrate judge in New Jersey transferred to a Texas federal court on Sept. 15 a shareholder derivative action alleging that several current and former Exxon Mobil Corp. executive officers and directors breached their fiduciary duty by understating the fossil fuel company's exposure to climate change issues, ruling that such action is warranted based on the Third Circuit U.S. Court of Appeals' first-to-file rule and Third Circuit precedent (In re Exxon Mobil Corp. Derivative Litigation, No. 19-16380, D. N.J., 2020 U.S. Dist. LEXIS 168747)....