3M reached a $6 billion settlement this week to end the largest single mass tort in U.S. history and agreed in June to pay up to$12.5 Billion to settle cases on so-called forever chemicals (PFA’s).
Also, thousands of military veterans who claim earplugs produced by a 3M subsidiary failed to protect their hearing. 3M the settlement of the military-grade earplugs litigation on Tuesday, 3M said it would pay $5 billion in cash and $1 billion in stock between 2023 and 2029, confirming an earlier report from The Wall Street Journal.
The PFA lawsuits are expected to continue, Attorneys general from Arizona, California, Pennsylvania, Wisconsin and the District of Columbia said in a letter to the federal court in South Carolina that the money 3M has pledged in the $12.5 billion PFAS settlement is “only a small fraction of the cost that water providers will incur because of PFAS contamination.”
JEFFREY NEWMAN IS A WHISTLEBLOWER LAWYER WHO CAN BE REACHED AT JEFF@JEFFNEWMANLAW.COM
