3M commits $7.35 bln over 9 years to settle PFAS foam injury claims
In short
The industrial manufacturer has agreed to resolve personal injury allegations connected to its PFAS foam products. Under the terms of the settlement, the company will pay out a total of $7.35 billion to satisfy these claims. This financial commitment will be distributed over an extended timeline spanning nine years.
Key points
- The agreement resolves outstanding legal claims linked to personal injuries from chemical…: The agreement resolves outstanding legal claims linked to personal injuries from chemical foam.
- Financial obligations under the settlement will be dispersed through payments over nearly…: Financial obligations under the settlement will be dispersed through payments over nearly a decade.
- The company faces a substantial $7.35 billion payout to resolve the PFAS liability claims.: The company faces a substantial $7.35 billion payout to resolve the PFAS liability claims.