3M (MMM) Reaches $10.3B Settlement With PWS Related to PFAS

Jun 23, 2023 · 3M (MMM) inks a tentative settlement with several U.S. PWS to provide up to $12.5 billion in funding over a period of 13 years for treating and testing the presence of PFAS …

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3M (MMM) Reaches $10.3B Settlement With PWS Related To PFAS

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Jun 23, 2023 · 3M (MMM) inks a tentative settlement with several U.S. PWS to provide up to $12.5 billion in funding over a period of 13 years for treating and testing the presence of PFAS …

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3M Reaches $10.3 Billion Settlement Over Contamination Of Water …

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Jun 23, 2023 · The settlement will be paid over 13 years and could reach as high as $12.5 billion, depending on how many public water systems detect PFAS during testing that EPA has …

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3M (MMM) Reaches $10.3B Settlement With PWS Related To PFAS

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Jun 23, 2023 · 3M (MMM) inks a tentative settlement with several U.S. PWS to provide up to $12.5 billion in funding over a period of 13 years for treating and testing the presence of PFAS …

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3M Settlement With Public Water Suppliers To Address PFAS In …

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Apr 1, 2024 · Agreement includes pre-tax present value commitment of up to $10.3 billion payable over 13 years; Supports PFAS remediation for U.S. public water suppliers (PWS) across the …

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3M (MMM) Reaches $10.3B Settlement With PWS Related To PFAS

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Jun 23, 2023 · 3M Company MMM has reached an agreement to pay at least $10.3 billion to settle claims with several public water systems ("PWS") in the United States associated with …

nasdaq.com

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3M Settles 'forever Chemicals' Water Pollution Lawsuit For $10B

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Jun 23, 2023 · Chemicals manufacturer 3M announced that it has reached a $10.3 billion settlement with U.S. public water suppliers that have detected PFAs – known as "forever …

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3M Pays $10.3B To Settle PFAS Related Lawsuit - 3M (NYSE:MMM)

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Jun 23, 2023 · 3M Co MMM reached a lawsuit settlement deal of $10.3 billion, payable over 13 years, with several U.S.-based public water suppliers (PWS) related to PFAS remediation.

benzinga.com

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3M PFAS Settlement: Company Agrees To Pay $10.3B To Settle …

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Jun 23, 2023 · 3M has reached an agreement to settle lawsuits claiming toxic “forever chemicals” contaminated water supplies in the U.S.. Under the settlement terms, the company agreed to …

usatoday.com

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3M Resolves PFAS Remediation With $10.3 Billion Settlement

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Jun 26, 2023 · Resolves current and future drinking water claims by PWS related to PFOA, PFOS, and all other PFAS, including those that are included as a portion of the Aqueous Film …

specialchem.com

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3M's $10.3 Billion PFAS Settlement Gets Preliminary Approval

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Aug 29, 2023 · 3M on Tuesday secured preliminary approval for a $10.3 billion deal resolving claims by U.S. public water providers that the company polluted drinking water with toxic …

reuters.com

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3M Reaches $10.3 Billion Settlement Over PFAS Contamination

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Jun 23, 2023 · The settlement would be paid over 13 years and could reach as high as $12.5 billion, depending on how many public water systems detect PFAS during testing that EPA has …

ngwa.org

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3M To Pay Up To $10.3B In PFAS Water Pollution Settlement

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Jun 22, 2023 · 3M (MMM) agreed to pay as much as $10.3B over 13 years in a broad class resolution to provide funding for U.S. public water suppliers that have detected PFAS …

seekingalpha.com

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3M Reaches $10.3 Billion Settlement Over Claims Of Water …

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Jun 24, 2023 · 3M has entered a broad class resolution to support per- and polyfluoroalkyl substances (PFAS) remediation for public water suppliers (PWS) that detect PFAS in drinking …

adhesivesmag.com

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3M Reaches $10.3B PFAS Settlement : PaintSquare News

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Jun 23, 2023 · 3M is just the latest chemical company to have reportedly reached a settlement related to the presence of PFAS in local drinking water. In June, chemical company …

paintsquare.com

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3M Gets Court Approval Of $10 Billion PFAS Settlement

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Apr 1, 2024 · According to a news release, the agreement reached in June 2023 between 3M and U.S. public water suppliers (PWS) got final approval in Federal court on Friday.

kstp.com

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3M's $10 Billion PFAS Payout Is Just The Tip Of The Iceberg - TIME

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Jun 23, 2023 · The settlement is the biggest ever against a PFAS manufacturer—but it is not likely to ... But 3M is unlikely to skate away on the $10.3 billion settlement alone. ... on June 2, …

time.com

FAQs about 3M (MMM) Reaches $10.3B Settlement With PWS Related to PFAS Coupon?

How much will 3M pay PWS for PFAS testing?

As part of the settlement, 3M will provide funding of up to $12.5 billion to PWS over a period of 13 years for testing the presence of PFAS and treating it. Upon receiving court approval, the settlement will free MMM from any claims associated with the usage of PFAS in drinking water. ...

Does 3M support PFAS remediation?

ST. PAUL, Minn., June 22, 2023 / PRNewswire / -- 3M (NYSE: MMM) has entered into a broad class resolution to support PFAS remediation for public water suppliers (PWS) that detect PFAS at any level or may do so in the future. This agreement will benefit U.S.-based PWS nationwide that provide drinking water to a vast majority of Americans. ...

Will 3M pay PFAS funding?

3M ( NYSE: MMM) +4.5% post-market Thursday after agreeing to pay up to $10.3B over 13 years in a broad class resolution to provide funding for U.S. public water suppliers that have detected PFAS chemicals in drinking water or may do so in the future. ...

Does 3M have PFAS in drinking water?

Upon receiving court approval, the settlement will free MMM from any claims associated with the usage of PFAS in drinking water. With this agreement, 3M expects to record a pre-tax charge of approximately $10.3 billion in the second quarter of 2023, which will be presented as an adjustment for special items. ...

Does 3M have a settlement agreement with PWS?

ST. PAUL, Minn., April 1, 2024 /PRNewswire/ -- 3M today announced that on Friday, March 29, the company's previously announced settlement agreement with U.S. public water suppliers (PWS) received final approval from the U.S. District Court in Charleston, South Carolina. ...

Why did 3M settle a PFAS lawsuit?

In a statement accompanying yesterday’s settlement, 3M chairman Mike Roman pointed to the “state-of-the-art filtration technology” the company has installed in its plants and its commitment to “exit all PFAS manufacturing by 2025.” The resolution of the lawsuit is, he added, “an important step forward for 3M.” ...