Shares of 3M Co. surged Wednesday after the maker of consumer, industrial and healthcare products said the U.S. Department of Defense’s records show that the “vast majority” of claimants in litigation...
Tag: Earplugs
3M Can’t Use Bankruptcy to Halt Lawsuits Over Combat Earplugs, Judge Rules
(Bloomberg) — 3M Co. lost its fight to block jury trials in more than 230,000 lawsuits accusing it of harming US soldiers. The company’s shares fell on the ruling. Most Read from Bloomberg US Ba...
3M Commits $1 Billion For Military Members Who Claim Earplugs Were Faulty
Topline Facing mounting legal trouble, manufacturing giant 3M unveiled plans Tuesday to commit $1 billion to a trust to resolve roughly 235,000 lawsuits from United States service members who allege t...
3M Earplugs Fight Stems From Self-Made Legal Battle
A long-running legal battle over allegedly defective earplugs made by 3M arose after the company initiated a separate dispute against a smaller competitor, court documents showed. 3M’s effort to prote...