Exxon Mobil Corp. sued the federal government Thursday to overturn a $2 million fine for violating U.S. sanctions against Russia, calling the penalty “fundamentally unfair” because the guidance was changed after the fact.
The filing came hours after the Treasury Department announced the fine, saying that Exxon under former CEO Rex W. Tillerson, who is now secretary of state, ran afoul of U.S. sanctions by signing contracts in May 2014 with Russian energy giant Rosneft.
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