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1 Sep 2023, 2:14 pm by Seeger Weiss
Seeger Weiss co-founder Chris Seeger has been recognized as one of Law.com’s Litigators of the Week by Ross Todd for the more than $6 billion 3M earplug litigation settlement. [read post]
30 Aug 2023, 6:47 pm by tortsprof
3M has agreed to pay approximately $6 billion to settle lawsuits brought by servicemembers who used earplugs supplied by the company. [read post]
30 Aug 2023, 12:28 pm by jeffreynewmanadmin
  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. [read post]
29 Aug 2023, 2:53 pm by lennyesq
In a release, 3M said the agreement is “not an admission of liability” and that the payout will come over several years and encompass $5 billion in cash and $1 billion in stock. [read post]
29 Aug 2023, 1:28 pm by Levin Papantonio
 Court-appointed lead plaintiffs’ counsel in the 3M Combat Arms Earplug Products Liability Litigation (MDL No. 2885) today secured a landmark $6.01 billion settlement with 3M Company and subsidiary Aearo Technologies on behalf of current and former servicemembers and civilians who suffered hearing damage while using 3M’s Combat Arms Earplug version 2 (CAEv2) and other dual-ended non-linear earplugs.This settlement comes after more than four years… [read post]
29 Aug 2023, 12:33 pm by luiza
 These were the provisions the SEC found 3M had violated with its Chinese subsidiary misconduct. 3M’s $6.5 million payout was relatively paltry and likely due to the relatively limited scope of the scheme. [read post]
29 Aug 2023, 7:02 am by Seeger Weiss
Today, Seeger Weiss founding partner Chris Seeger, who serves as co-lead plaintiffs’ counsel in the 3M Combat Arms Earplug litigation, announced a landmark settlement worth more than $6B on behalf of servicemembers and veterans who suffered hearing injuries while using 3M earplugs. [read post]
28 Aug 2023, 7:36 am by jeffreynewmanadmin
In addition, the order finds that, between February 2016 and September 2018, employees of 3M’s China-based subsidiary arranged for 3M to transfer $254,000 directly to a Chinese travel agency to help pay for some of the improper tourism activities. [read post]
25 Aug 2023, 6:16 am by Mark Astarita
The Securities and Exchange Commission today announced that 3M Company agreed to pay more than $6.5 million to resolve charges that it violated the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA). [read post]
22 Aug 2023, 7:35 am by Matthew Marin
Just recently, a major settlement was reached in the PFAS litigation in June 2023 when 3M, Dupont, and other manufacturers agreed to a class action settlement of water authority claims and set aside $1 0.3 to $12.5 billion to pay claims. [read post]
17 Aug 2023, 10:51 pm by Adam Levitin
Those are cases like Purdue Pharma, where most of the assets being administered are the Sacklers'; LTL, where it's J&J's assets; Aereo, where it's 3M's assets; and Boy Scouts of America, where it's various local councils' and insurers' assets. [read post]
17 Aug 2023, 2:15 pm by Kristine Keala Meredith
In June 2023, DuPont, Chemours, Corteva and 3M Company put up more than $13 billion to settle AFFF actions (Aqueous Film Forming Foams.) [read post]
10 Aug 2023, 9:45 am by Daily Record Staff
MacKenzie Commercial Real Estate Services LLC Thursday announced it brokered the sale of an 11.5-acre site in Clarksburg for $5.3 million. [read post]
Recently, the Financial Industry Regulatory Authority (FINRA) fined LPL Financial $3M after finding that the firm allegedly failed to properly supervise its registered representatives, which placed customers at risk of suffering serious investment losses. [read post]
When Seniors and Disabled Investors Are Defrauded By Their Brokers  SEC Charges Ex-Centaurus Broker Joseph Michael Todd For Misappropriating $3M From Customers If you are an older or disabled investor who was the victim of broker fraud, you may be able to sue the broker-dealer for damages by contacting our disabled and elder financial abuse lawyers. [read post]
6 Aug 2023, 2:56 am by InhouseBlog
• A key client wants to terminate its $3M contract. [read post]
4 Aug 2023, 1:42 pm by McNicholas
McNicholas & McNicholas, LLP’s verdicts on behalf of two police officers in discrimination and retaliation cases against the City of Los Angeles and the Los Angeles Police Department (LAPD) were profiled in Daily Journal. [read post]
4 Aug 2023, 12:30 pm by Vic Carmody Jr., P.A.
Continue Reading › The post Real Estate Investor Pleads Guilty to $3M Bankruptcy Fraud Scheme appeared first on Mississippi Criminal Law Blog. [read post]