Chevron Is Set for Racketeering Trial Against Attorney Donziger and 2 Other Dow Movers to Watch

Chevron Corp. (NYSE:CVX): Current price $117.30

Chevron is poised to commence its racketeering trial against the New York attorney Steven Donziger on Tuesday, which might introduce “potentially devastating” new evidence from a lawyer who resigned in disgust after discovering the tactics Donziger employed to win an $18-billion verdict in Ecuador. It is expected that the antitrust Jeffrey Shinder, with Constantine Cannon, renowned for his multibillion-dollar resolutions with credit card companies, will testify regarding how he felt “physically ill” after finding that consultants hired by Donziger had largely written the report upon which an Ecuador judge relied to assess damages in the environmental lawsuit.

CVX-20131011