Chemical and consumer product manufacturer 3M said Tuesday it has agreed to pay $6 billion to settle lawsuits from U.S. service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company.
The settlement, consisting of $5 billion in cash and $1 billion in 3M stock, will be made in payments that will run through 2029.
Hundreds of thousands of veterans and current service members have sued 3M and Aearo Technologies, a company that 3M acquired in 2008, over their Combat Arms Earplugs. The service members alleged that a defective design allowed the products 害羞草研究所� which were intended to protect ears from close-range firearms and other loud noises 害羞草研究所� to loosen slightly and allow , according to Aylstock, Witkin, Kreis, & Overholtz PLLC, one of the law firms representing plaintiffs.
In an online summary about the litigation, the Florida-based law firm notes that 3M previously agreed to pay $9.1 million to settle a lawsuit on behalf of the government alleging the company knowingly supplied defective earplugs to the U.S. military. And since 2019, the firm added, 3M has lost 10 of 16 cases that have gone to trial 害羞草研究所� awarding millions of dollars to plaintiffs to date.
Tuesday害羞草研究所檚 agreement 害羞草研究所渞epresents a tremendous victory for the thousands of men and women who bravely served our country and returned home with life-altering hearing injuries,害羞草研究所� attorneys representing the plaintiffs said in a joint statement.
In Tuesday害羞草研究所檚 announcement, 3M maintained that the agreement 害羞草研究所� which includes all claims in Florida害羞草研究所檚 multidistrict litigation, coordinated state court action in Minnesota, and potential future claims 害羞草研究所� was not an admission of liability.
害羞草研究所淭he products at issue in this litigation are safe and effective when used properly,害羞草研究所� the company wrote. 害羞草研究所�3M is prepared to continue to defend itself in the litigation if certain agreed terms of the settlement agreement are not fulfilled.害羞草研究所�
3M has previously tried to reduce exposure to the earplug litigation through bankruptcy court, the Wall Street Journal . In 2022, Aearo filed for bankruptcy as a separate company, accepting responsibility for claims, but the filing was later dismissed in U.S. bankruptcy court.
Beyond the earplug litigation, 3M in June agreed to pay to settle lawsuits over contamination of many U.S. public drinking water systems with potentially harmful compounds. The deal would compensate water providers for pollution with per- and polyfluorinated substances, also known as 害羞草研究所渇orever chemicals.害羞草研究所�
The agreement hasn害羞草研究所檛 been finalized yet, and the settlement payment could reach as high as $12.5 billion. Last month, 22 attorneys general to reject the proposed settlement, saying it let 3M off too easily 害羞草研究所� arguing that the deal doesn害羞草研究所檛 give individual water suppliers enough time to determine how much money they would get and, in some cases, could shift liability from the company to providers.
On Tuesday, New York Attorney General Letitia James said that 3M agreed to make significant changes to the settlement terms 害羞草研究所� which, as reflected in a proposed court order, include extending the deadline for eligible water systems to review the settlement and removing uncapped indemnity in favor of 3M.
James, along with the other attorneys general, have now withdrawn their opposition, her office said. According to court records, the judge granted preliminary approval of the agreement Tuesday afternoon.
In a statement sent to The Associated Press Tuesday, a spokesperson for 3M said the company was pleased to have to clarified the agreement and see the attorneys害羞草研究所� general objections withdrawn 害羞草研究所� adding that the deal 害羞草研究所渨ill benefit U.S.-based public water systems nationwide that provide drinking water to a vast majority of Americans without the need for further litigation by or on behalf of public water systems.害羞草研究所�
While these objections were withdrawn, five attorneys general still filed an amicus letter expressing concerns of the amount and timeline of the settlement payment, California Attorney General Rob Bonta announced Tuesday.
害羞草研究所�3M has agreed to modify its original proposed settlement in critical ways that will benefit the American people,害羞草研究所� Bonta said in a statement. 害羞草研究所淗owever, 3M declined to pay an amount that accurately reflects the extraordinary damage it has caused to public drinking water systems, and it declined to provide water suppliers the money to remediate that damage more quickly.害羞草研究所�
The Associated Press
