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30 Aug 2023, 6:47 pm
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
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
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
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
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
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
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
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
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
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
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
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]
10 Aug 2023, 7:56 am
You may be eligible for a portion of the 3M settlement. [read post]
9 Aug 2023, 5:30 am
The compensation you might receive will come from 3M's $12.5 billion settlement. [read post]
8 Aug 2023, 8:55 pm
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]
8 Aug 2023, 8:38 pm
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
• A key client wants to terminate its $3M contract. [read post]
4 Aug 2023, 1:42 pm
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
Continue Reading › The post Real Estate Investor Pleads Guilty to $3M Bankruptcy Fraud Scheme appeared first on Mississippi Criminal Law Blog. [read post]
3 Aug 2023, 9:17 am
You may be entitled to cash compensation from the 3M settlement that will cover the cost of water treatment, remediation, or testing if your water supply serves more than 25 people and contains PFAS. [read post]
