3M in At Least $10 Billion Water-Pollution Settlement With U.S. Cities, Bloomberg Reports - News Summed Up

3M in At Least $10 Billion Water-Pollution Settlement With U.S. Cities, Bloomberg Reports


--3M has reached a tentative settlement worth at least $10 billion with several U.S. cities and towns to resolve water-pollution claims related to per-and polyfluoroalkyl chemicals, Bloomberg reported Friday, citing people familiar with the matter. --The company's settlement aims to avoid a first federal court trial set to start on June 5 in Charleston, S.C., according to the report. --3M spokesman Sean Lynch said in a statement that the company "doesn't comment on rumors or speculation," Bloomberg reported. Full article at https://news.bloomberglaw.com/environment-and-energy/3m-said-to-be-in-at-least-10-billion-pfas-pollution-settlement-1Write to sabela.ojea@wsj.com(END) Dow Jones NewswiresJune 02, 2023 12:34 ET (16:34 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.


Source: Wall Street Journal June 02, 2023 16:43 UTC



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